Property features

R66 300 000

Property Details

For Sale: Commercial Property at The Braes, Bryanston Property Overview: Address: 3 & 5 Eaton Avenue, Corner of Winnie Mandela Drive & Bryanston Drive, Bryanston, Johannesburg Total GLA (Gross Lettable Area): 4,190 m² Location: Situated in the high-demand Bryanston area, this property enjoys close proximity to Nicolway Shopping Centre and is easily accessible from the N1 highway. Positioned near major corporates like Nestle, SAB, and Dimension Data, as well as schools and retail centers, it is ideally located for professional and educational tenants. Property Features: Property Type: Commercial Tenants: Richfield Graduate Institute of Technology, Stratford Property Ventures, AAA School of Advertising, Foxvest, Hamtern Financial Services Occupancy: 100% (long-term leases) WALE (Weighted Average Lease Expiry): 1.9 years as of January 2025 Annual Escalation: 7.0% Investment Highlights: Strategic Bryanston Node: The property benefits from a prime location adjacent to the Western Bypass and Winnie Mandela Drive, placing it in a thriving business area with robust connectivity. Strong Tenant Profile: Leased to reputable tenants in education and finance, including Richfield, AAA School of Advertising, and Hamtern Financial Services. High Accessibility: Near major transport routes and amenities, offering excellent convenience for tenants and strong appeal for investors. The Braes offers a secure investment opportunity in a sought-after area with a solid tenant base and steady income growth potential.