R 114 000 000 | business property for sale in parktown

Prime A-Grade Office Park | Parktown | Investment Opportunity Nestled in the heart of Parktown, one of Johannesburg’s most established and prestigious business nodes, this well-positioned office park offers an exceptional blend of security, accessibility, and modern business convenience — making it ideal for both owner-occupiers and investors. The property provides a secure and professional working environment with 24-hour security, access-controlled entrances, and electric perimeter fencing, ensuring peace of mind for tenants and visitors alike. Designed for convenience and scale, the office park offers ample parking with a total of 540 bays, comprising 413 secure basement bays and 127 open bays, comfortably accommodating staff and clients. Strategic Location Positioned just north of the Johannesburg inner city, the building enjoys outstanding connectivity: * Easy access to major highways * Within walking distance of Rea Vaya, bus routes, taxi services, Gautrain Park Station, and ride-hailing services * Close proximity to Rosebank and Killarney * Nearby landmarks include the Constitutional Court, Wits University & Business School, and KPMG The surrounding area features a balanced mix of office and residential properties, supporting strong tenant demand and convenience. Property Highlights * Gross Lettable Area (GLA): 16 620 m² * Telecoms infrastructure in place * Access-controlled office park * 24-hour security * Large-scale parking provision * Established corporate location Occupancy Overview * Current Occupancy Rate: 71.22% * Vacancy Rate: 28.78% Tenant Profile A diversified and reputable tenant mix including: * ODEK Technologies (Pty) Ltd * Bafana Ncube Incorporated * MERSETA (Manufacturing Engineering & Related Services SETA) * Tshikululu Social Investments NPC * Regus BC Habb (Pty) Ltd This asset presents a compelling opportunity for investors seeking stable income potential with room for upside through vacancy absorption.