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Commercial Property For Sale in Sandton Central, Sandton
R 300,000,000
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General Details
Location:
Size (sqm):20521
Description
Unparalleled Commercial Haven: Renovated Gem with Exclusive Features and Future Potential
Prime Commercial Property Overview
Welcome to this exceptional commercial property located in the richest square mile in Africa in Sandton South Africa, boasting extensive renovations and unique features, making it a standout choice for businesses.
Property Features
Office Space: The property offers 22,688 m2 of office space across the ground floor and two levels above, featuring open plan and flexible work areas for a modern work environment.
Parking: With 916 covered/basement parking bays and 43 rooftop bays, ample parking is ensured for employees and visitors.
Amenities: Standout features include a 100-seater auditorium, meeting room facilities, and a striking architectural void.
Pedestrian Bridge: An overhead pedestrian bridge owned by Nedbank enhances accessibility and connectivity.
Future Development Potential: The parking facility, spanning four levels, is designed for potential future development into additional office accommodation.
Sustainability: The property is equipped with water reticulation, water tanks, solar PV, a purification plant, and a borehole, showcasing a commitment to sustainability and self-sufficiency.
Data Centre Security and Maintenance
In line with industry standards, comprehensive measures will be implemented to safeguard the data centre and its operations during its lease to potential buyers or in a multi-tenanted setting. These measures, including the maintenance of all equipment essential for the data centre's functionality, will be subject to negotiation and meticulously documented in the sale agreement. The tenant will be responsible for the upkeep of all data centre-related equipment, ensuring seamless services within the leased premises, encompassing critical systems such as air-conditioning and power supply.
This property's unique potential as a versatile space, combined with its strategic location, makes it an exceptional investment opportunity for those seeking to capitalize on the burgeoning demand for secure and adaptable commercial spaces in South Africa.
Location
Situated in a prime location, the property offers easy access to major transportation routes and is surrounded by a thriving business district, making it an ideal choice for businesses seeking a strategic and prestigious address.
The building previously housed Nedbank before being vacated in early 2023. The existing data centre, scheduled for clearance by late 2026, presents a lucrative opportunity for prospective buyers or occupants seeking a versatile space conducive to a multi-tenanted environment.
Property Reference #: 114164105
Agent Details:
Mike Kibiego
Royal Abbai Properties - Fourways
Fourways
Prime Commercial Property Overview
Welcome to this exceptional commercial property located in the richest square mile in Africa in Sandton South Africa, boasting extensive renovations and unique features, making it a standout choice for businesses.
Property Features
Office Space: The property offers 22,688 m2 of office space across the ground floor and two levels above, featuring open plan and flexible work areas for a modern work environment.
Parking: With 916 covered/basement parking bays and 43 rooftop bays, ample parking is ensured for employees and visitors.
Amenities: Standout features include a 100-seater auditorium, meeting room facilities, and a striking architectural void.
Pedestrian Bridge: An overhead pedestrian bridge owned by Nedbank enhances accessibility and connectivity.
Future Development Potential: The parking facility, spanning four levels, is designed for potential future development into additional office accommodation.
Sustainability: The property is equipped with water reticulation, water tanks, solar PV, a purification plant, and a borehole, showcasing a commitment to sustainability and self-sufficiency.
Data Centre Security and Maintenance
In line with industry standards, comprehensive measures will be implemented to safeguard the data centre and its operations during its lease to potential buyers or in a multi-tenanted setting. These measures, including the maintenance of all equipment essential for the data centre's functionality, will be subject to negotiation and meticulously documented in the sale agreement. The tenant will be responsible for the upkeep of all data centre-related equipment, ensuring seamless services within the leased premises, encompassing critical systems such as air-conditioning and power supply.
This property's unique potential as a versatile space, combined with its strategic location, makes it an exceptional investment opportunity for those seeking to capitalize on the burgeoning demand for secure and adaptable commercial spaces in South Africa.
Location
Situated in a prime location, the property offers easy access to major transportation routes and is surrounded by a thriving business district, making it an ideal choice for businesses seeking a strategic and prestigious address.
The building previously housed Nedbank before being vacated in early 2023. The existing data centre, scheduled for clearance by late 2026, presents a lucrative opportunity for prospective buyers or occupants seeking a versatile space conducive to a multi-tenanted environment.
Property Reference #: 114164105
Agent Details:
Mike Kibiego
Royal Abbai Properties - Fourways
Fourways
Id Subtitle 1270944840
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Estimated monthly repaymentR 3,251,122
Total property loan amountR 300,000,000
Total interestR 480,269,086
Total repaymentR 780,269,086
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Royal Abbai Properties - Fourways
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