Property features

R10 989 250
Levies R21477 pm
Rates R16231 pm
Security Estate

Property Details

INVESTMENT OPPORTUNITY Sectional Title Area: 363 m² External Seating Area: 19 m² which extends the space for relaxation seating to the outside Parking Bays Included: 19 Total Purchase Price (excl. VAT): R10,989,250.00 Tenancy Status: Currently tenanted; available from 01 June 2025 Why Invest in Illovo Central? Investing in commercial property offers significant returns, with the potential for appreciation over time and annual rental increases that enhance profitability. Prime Location: Situated in the bustling heart of Sandton, this stunning retail space combines style and convenience, ensuring high foot traffic and visibility. Features: Smart Metering System: Effortlessly manage electricity and water usage. Backup Generator: Ensures uninterrupted operation during load-shedding. Versatile Interior Space: Perfect for product launches, pop-up shops, and immersive experiences. Secure Parking: Includes 19 x bays with a well-guarded entrance, controlled access, and 24/7 surveillance—ideal in an area where parking may be scarce. Additional Amenities: Exclusive Use-Area: An external seating area of 19 m² extends the space for relaxation seating to the outside. The in-house cafe/restaurant is a true gem; Cafe of Central brings convenience and luxury to this exceptional office space. The onsite gym is also a unique and valuable property feature, exclusive to the building tenants. Provide an enjoyable and practical fitness experience for you and your team without ever having to leave the building. Additionally, the building has a swimming pool for all occupants. Access to the 8th Floor Gym: This means that as part of the sale agreement, tenants have access to a gym located on the 8th floor of the building and also includes gym memberships, which are directly tied to the parking bays, implying that the tenant can have up to nineteen people (likely associated with the parking spaces) use the gym. In essence, this sale package provides not just the space but also a set of convenient and valuable amenities, which can be a significant benefit and provide value to enhance tenant appeal. Modern Design: Featuring sleek decor and advanced security systems, this space is tailored for contemporary businesses. No Transfer Duty: Please note that the price is subject to VAT. **Contact Us Today!** Don’t miss this opportunity to elevate your business in one of Sandton’s most desirable retail spaces. Reach out now for more information and to schedule a viewing!