R 12 400 000 | Commercial Property for Sale in Florida Park

The subject property is located between Stellard Street, Jan Hofmeyer Avenue and Jan Smuts Drive, in Florida
Park, a well-established, predominant residential area with commercial properties along the main roads. Direct surrounding properties comprise a convenience shopping centre with flat units on the upper floors, a few multi-story residential blocks of the flat units and single dwelling units
Property Description

The subject property is a well-located three-story building, comprising a ground floor plus two upper levels, with structured parking and sectional title. The property is situated in Florida Park, a predominantly residential area with some commercial properties along the main roads, and offers easy access to major arterial routes including Beyers Naude Drive.

Ground Floor:
The ground floor accommodates the lift and stair lobby, and houses the Fauchard Day Clinic (currently vacant at the time of inspection). The clinic area includes two wards, with a total of 16 beds, a nurse station, two fully equipped theaters, as well as four offices and ancillary accommodation. The clinic has recently undergone renovations, although the office accommodation is still functional but requires a full revamp to attract quality tenants.
Upper Floors:
The upper two floors, as per the sectional title plans, feature 18 office spaces and shared communal facilities, including both male and female ablution areas. The quality of accommodation is categorized as C-Grade office space. The floors are connected by a passenger lift and two internal staircases, providing efficient vertical access.

Additional Features:
A semi-attached building adjacent to the main structure houses the structured parking and utility rooms. The parking area provides ample space for tenants and visitors.

Location:
The property is situated approximately 13 km northwest of the Johannesburg Central Business District (CBD) and 4 km east of the Roodepoort CBD. Beyers Naude Drive, which is only 1 km north of the subject property, serves as the main arterial route through the area, providing convenient access. Nearby suburbs include Florida, Florida Hills, Constantia Kloof, and Discovery.

The property is nestled between Stellard Street, Jan Hofmeyer Avenue, and Jan Smuts Drive, in close proximity to a convenience shopping center, multi-story residential blocks, and single dwelling units. This well-established area is predominantly residential with commercial properties along the main roads, offering a vibrant community and a prime location for future development.