Property Overview
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- Size:
- 3,821 sq ft / 355 sq m
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- Sale Type:
- For Sale
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- Rental Income:
- N/A
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- Property Type:
- Offices
- Other
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- Auction:
- No
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- Development Opportunity:
- No
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- Investment Opportunity:
- No
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- Tenanted:
- N/A
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- Energy Rating:
- N/A
General Summary
A-grade office space for sale or to let in the sought-after greenford office estate
Building:
Brand new release! A-Grade Office space for sale or to let in the sought-after Greenford office estate . Area:
Kenilworth is bordered by Wynberg to the south and Claremont to the north. Kenilworth is home to the oldest race course in the country and hosts the J&B Met yearly every year. Description of premises:
Fronting onto the Kenilworth Race Track and a nature reserve, the buildings will be set in beautifully landscaped gardens with a large water feature providing a tranquil working environment. Sizes:
Building T - 860m²
Building U - 818 m²
Building V - 1375 m²
Building W - 1194 m²
Building X - 695 m²
Building Y - 355 m²
These buildings can be subdivided into sectional title office suites of:
Single units starting from 156sqm
Whole floors starting from 404sqm
Whole buildings from 355sqm upwards as shown above
Ground Floor – Retail -150m2
1st Floor – Office -150m2
2nd Floor – Office -150m2
Asking Price:
Purchase prices range from R13,218/ m² to R15,216/ m²
Gross rentals from R110/ m²
Parking:
Mix of basement parking and open bays on a ratio of four per 100 m2
Plenty of parking in the ABSA centre on Grove Street. Access to Public transport:
Good Access to main taxi and bus routes. Access to major roads:
Situated on a main road, with great access to the M5. Amenities:
The Kenilworth Racecourse is a large part of the economy of the suburb. Not only drawing in large crowds during the J&B Met and smaller crowds during the more common races but it is also the site of a commercial park that hosts numerous businesses including the headquarters of Pick 'n Pay Stores Limited. Access Park, a large factory outlet shopping complex, is also located in the suburb. The office park is within close proximity of the recently refurbished Kenilworth Shopping Centre. Availibility:
Completion in first quarter of 2014
Brokers Comments:
The development is ideal for either owner occupiers or investors as there is strong demand from tenants for offices in the area.
