R 20 000 000 | Industrial Property for Sale in Randjespark

Sole mandate. This attractive property of GLA of 2,585m2 faces the very busy N1Freeway close to the Olifantsfontein interchange. The property comprises, well-appointed offices and showroom of 941m2, covered patios of 76m2, training centre/workshop area of 1,239m2, storerooms of 224m2, plant room of 55m2, caretaker's flat of 40m2 and a guardhouse of 10m2.

The property is underdeveloped. The Allowable Floor Area Ratio is 0.5 but the current buildings are only at an FAR of 0.23

The permitted coverage is 30% and the current buildings cover 11.1%

There is, thus, an opportunity to add further improvements to the property

The Zoning is Special which allows for a wide variety of uses

The subject property comprises a fairly large, irregular shaped stand0, that has a gentle slope declining to the north- west. The property is developed with two main buildings, as well as a few smaller outbuildings and several IBR carports. The main buildings are both double storey in height and rectangular in shape and are connected by a double volume reception area. The northern block primarily contains offices, including a showroom area, boardrooms, ablutions and a kitchen, and has 2 internal staircases provided. The upper floor also includes a management office suite with a covered patio area, own ablutions and kitchenette. The southern block is somewhat larger in size and primarily offers training facilities and workshop areas, with pre-fab internal walling and more basic finishes and fittings compared to the northern office block. The building has various lecture rooms and laboratory or workshop areas used for training purposes, as well as ablutions and kitchenettes, and is fitted with two exterior steel staircases. A single storey plant room is attached to the northern side of this building. Outbuildings include two separate single storey storerooms, to the south of the main buildings and fitted with steel roller shutter doors. A single storey caretaker's flat is located in the north-eastern corner of the site, offering a lounge, kitchen, 1 bedroom, 1 bathroom and separate toilet. A refuse yard is located next to the caretaker's flat. At the main entrance to the site is a guardhouse with small office and covered pedestrian entrance, fitted with a turnstile gate. There is an IBR shadeport in the western parking area that serves as an emergency assembly point, with IBR carports providing18 covered parking bays on site. The removable containers and small IBR sheds in the parking area are not regarded as permanent improvements. A large billboard on a short-term lease is located on the site boundary along the on-ramp to the N1highway, while the site also has considerable vacant areas to the north and west of the buildings.

Randjespark is a business and industrial area in Midrand, South Africa, known for its corporate offices, warehouses, and commercial properties. Conveniently located between Johannesburg and Pretoria, it offers easy access to major highways like the N1. The Gautrain station is close by. The area hosts a mix of local and international companies, making it a key business hub. Randjespark features modern office parks, security estates, and nearby amenities, including shopping centres and restaurants. Its strategic location and infrastructure make it ideal for businesses seeking connectivity and growth in Gauteng.

All pricing excludes VAT.

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We are a well-established commercial and industrial property brokerage dealing in sales, leases and investment properties in the Gauteng area. We have corresponding brokerages that cover other regions