Asking Price: R36,225,000 (excl. VAT)
Location: 23 & 25 Sturdee Avenue, Rosebank, Johannesburg
Yield: 6%
Property Highlights
Prime Rosebank Location: Strategically positioned in Johannesburg’s thriving business hub, offering easy access to major highways, Gautrain, and premium amenities.
Spacious & Flexible:
Total GLA: 3,433m² across two interconnected office blocks (Block 23 & 25).
Pedestrian Bridge: Seamless connectivity between buildings for tenant convenience.
Parking Abundance:
Basement, shaded, and open parking bays—enhancing tenant appeal and operational efficiency.
Investment Benefits
High Corporate Demand: Ideal for professional services, tech firms, or multinational tenants seeking a prestigious address.
Dual-Block Advantage: Flexible leasing options (single tenant, multi-let, or hybrid) to maximize occupancy and returns.
Stable Income Potential: Rosebank’s established node ensures long-term tenant retention and reliable cash flow.
Growth Prospects: Rising demand for quality office space in a well-connected, high-growth area.
Target Buyers
Investors seeking a high-yield commercial asset with low vacancy risk.
Businesses looking for a corporate headquarters with premium amenities.
REITs or funds targeting stable, income-generating properties in Johannesburg.