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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