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Property
Description

Property Description

Standalone A-Grade Office Building with Blue-Chip Tenant & Investment PotentialThis premium standalone A-Grade office building offers a prime investment opportunity, featuring modern finishes, a sought-after location, and strong tenant appeal. Designed for functionality and professional appeal, the building provides a high-quality workspace with excellent accessibility. With 50% occupancy by a reputable blue-chip tenant, the property generates a stable income stream while allowing for additional leasing opportunities. The lease structure includes flexibility for optimizing occupancy and ensuring long-term investment value. This is an ideal opportunity for investors seeking a secure asset with strong rental potential and room for future growth. KIC, a blue-chip tenant, currently occupies the entire property but pays rent on only 50% of the space. If a new tenant is secured, the Lessor can give 4 months' notice, requiring KIC to consolidate into half the property while maintaining the same gross rental.

Features

Standalone office building in a prime business location

Total size: 1941m² across two floors

Modern fitout with open-plan areas and private offices

77 secure parking bays (50  basement, 35 Open )

Fibre-ready connectivity for seamless business operations

24-hour security and controlled access

Abundant natural light & premium finishes

Boardrooms and meeting spaces for collaborative work

Close proximity to major highways (N3 & R24)

Generator backup for uninterrupted power supply

Ideal for investors or owner-occupiers

Sought-after location within Riley Road Office Park

Area Description

Bedfordview is a thriving commercial and residential hub, renowned for its upmarket office parks, excellent infrastructure, and strategic location. It offers businesses a prestigious address with seamless access to key commercial nodes, including OR Tambo International Airport, Sandton, and Johannesburg CBD. The area is well-served by major highways, top-tier amenities, and a strong corporate presence, making it an ideal destination for companies looking to establish themselves in a highly sought-after and well-connected business environment.

Area Amenities

N3 Highway – 1.5 km

R24 Highway – 2 km

Eastgate Shopping Centre – 3.5 km

Bedford Centre Mall – 2.8 km

OR Tambo International Airport – 10 km

Private Schools & Business Hubs – within 5 km

PROPERTY TYPE:
Commercial

PROPERTY ADDRESS:
15E Riley Road , Bedfordview - Property Ref: f108419 , Bedfordview , Gauteng

AUCTION ADDRESS:
Masingita House , 41 West Street, Houghton Estate , Johannesburg , Gauteng

AUCTION DATE:
2025-04-03

AUCTION START TIME:
11:00

KEY FEATURES

ERF SIZE: 2 612m2 | GBA: 1 941m2


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