R 9 000 000 | office property for sale in kleinfontein

1540sqm Commercial Property To Purchase The subject property is ideally located alongside the Kleinfontein Lakes in the well-known 'Lakeside' suburb of Benoni. The Kleinfontein Lakes are a result of channelled mine water from the discovery of gold in Benoni City in 1887. Today these beautiful lakes remain and are used for fishing, boating and relaxation. Benoni is situated on the East Rand in the province of Gauteng. The area forms part of the Greater Johannesburg region, and since 2000 has been part of the Ekurhuleni Metropolitan Municipality. The subject property is centrally located, surrounded by various office parks and is in close proximity to residential hubs. From a macro perspective the property lies on the Eastern side of the Benoni CBD and has quick and easy access to the N12 interchange via Snake Road. The subject property is a full title double storey office building know as Moore House which is within walking distance to the Kleinfontein Lake. The property is surrounded by palisade fencing with gated access to the parking bays. The front entrance / visitors entrance faces onto Lakeview Crescent with biometric access control. The building has a gross lettable area of approximately 1 540m2 on a stand measuring 3 900m2 in total. The property is multi-tenanted with short to medium leases in place with only a 5% vacancy. Moore South Africa is the anchor tenant with about 65% of the total GLA space let to them on a month-to-month basis. Other tenants include a Town Planner, a church and a recruitment agency. The first-floor tenants enjoy use of the roof terraces on either side of the building for access and entertainment purposes. There is a total of 45 covered parking bays on site with an additional 13 open parking bays and another 18 off street parking bays for visitors. The interior of the building is in mint condition with recent refurbishments on the ground floor carried out with a brand new fully integrated back up power system, which includes an inverter and battery to the value of R112 000.00. Its is safe to say that load shedding will not be an issue for investors and tenants alike. Call me now to View !!