20,000m2 CBD Parkade for sale

Property Description:

The property is situated on 4 Erven and comprises of 3 separate adjoining buildings.

• GLA: (+/-) 20,000sqm
• Zoning: Industrial 1
• Height: 3 storeys

Potential:

It is  rare to find a property that has so much potential to unlock:

1. Parking – boost the income of the property by renting out the parking bays
2. Storage –increase the income by renting out storage space                                                                                                                                                       
3. Office conversion – there are many tenants looking for office space in the CBD. An added advantage is that this property will have plenty parking space for all employees and visitors.
4. Res Conversion –Maximize the income of the property by renting out space to employees who work in the CBD and to students who study nearby. 
 

Currently, the biggest problem facing businesses in the JHB CBD is the lack of available parking. There are many large office blocks and smaller business premises all around the vicinity of the property that could benefit from additional parking space.