11 m² Retail Space in Northmead

FEEL

If you''re a pharmacist or pharmacy group looking to own the single most strategically placed section in a medical centre, this is it the position every doctor in the building will send their patients to.

FACT

The Pharmacy dispensing unit is a 10.96 sqm ground-floor section priced at R1,300,000 excluding VAT, working out to R118,613 per sqm the highest rate per square metre of any section in the scheme, reflecting its position at the centre of the building''s patient flow. It sits on the ground floor beside the reception and waiting area, with direct visibility to patients moving between Consult 1 to 5, the Procedure Room, Observation Room and Vitals and Blood Collection Room. Pharmacy operation, licensing, stock, trading area, signage and lease or ownership structure are to be finalised separately by the buyer.

FUTURE

Every consulting room in this building sends patients your way. You''re not hoping for foot traffic you own the position that generates it, in a building where every other section has a reason to walk past your door.

THE BUILDING AROUND YOU

This section is sold under sectional title inside Fifth Avenue Medical Centre, a Marzi Investments development on 5th Avenue, Northmead, Benoni, estimated ready by 1 March 2027. Owning this section means owning your private space outright, while sharing the building''s common property with the centre''s other owners through the body corporate.

Common property includes the reception, waiting area and premium reception layer, passages, stairs and an accessible toilet, entrance areas and secure on-site parking circulation, landscaping and exterior building items such as the roof, gutters and entrances, and on the first floor a staff kitchen, store room and double-volume circulation, along with the building''s common services, ducts and infrastructure.

Shared running costs admin operations, managing agent fees, accounting, security, cleaning, garden service, common utilities, insurance administration and long-term maintenance are recovered through monthly levies under body corporate rules.

Each section is intended to have its own private prepaid electricity meter recovered electricity is paid back into the body corporate account to settle the main council account.

A section here is not a stand-alone office. It is a stake in a shared medical address that includes a pharmacy, a procedure room, a 4-bed observation suite and a vitals and blood collection room infrastructure designed to support stronger tenant demand, stronger resale appeal and a more professional patient experience than an isolated practice can offer alone.

All areas, prices, section boundaries, participation quotas, levies, exclusive use areas, VAT treatment and sale terms remain subject to final sectional title survey, professional approvals and sale documentation.

THE TRUDIE VERDICT

The Pharmacy dispensing unit is the highest-value-per-sqm section in Fifth Avenue Medical Centre 10.96 sqm at R1,300,000 and it is not a rental play, it is an ownership stake in the busiest position in the building. Handled, to the T.