3 513 m² Commercial space in Ferndale
Ferndale, Randburg, Gauteng
Lettable area read from the listing title — the lister did not state a figure. Confirm on inspection.
Listed by
Richard Matern
Tyson Properties Bryanston
Details
Prime Randburg Redevelopment Opportunity | Existing 3,813m² Building | Residential Conversion Potent PRIME RESIDENTIAL REDEVELOPMENT OPPORTUNITYPositioned in the heart of the Randburg CBD node, 299 Surrey Avenue presents a rare opportunity to acquire a substantial property with significant redevelopment potential.The property comprises a 4,015m2 erf improved with approximately 3,813m2 of existing buildings across three interconnected blocks. The improvements include extensive parking, backup power infrastructure, water storage facilities, access control and supporting services already in place.Located within close proximity to Randburg CBD, Republic Road, Bram Fischer Drive, Jan Smuts Avenue and major public transport routes, the property is well positioned to serve the growing demand for residential accommodation within the area.The existing improvements provide developers with the opportunity to explore residential conversion, co-living accommodation, student accommodation or mixed-use redevelopment opportunities, subject to the necessary municipal approvals.Property Highlights:Erf Size: 4,015m2Existing Improvements: 3,813m2Gross Lettable Area: 3,513m2Existing Bulk Rights: FAR 1.5Height Restriction: 5 StoreysApproximately 95 Parking BaysGenerator InfrastructureBorehole and Backup Water InfrastructureSecure Access-Controlled SiteExcellent Access to Major Transport RoutesProperties of this scale and location seldom become available within the Randburg node, offering developers the opportunity to unlock value through repositioning and redevelopment in an established urban precinct.
Location
Location map unavailable for this listing.