Property
Description
Property Description
The property presents an exceptional opportunity to acquire a well-established and fully licensed commercial venue, ideally positioned in the heart of Ferndale. Situated on a prominent 4 015 m² erf with excellent frontage along Bond Street, the site offers high visibility and convenient access. The main building, measuring approximately 730 m² under roof, is complemented by ample on-site parking within a secure and gated perimeter.
Currently operating as a fully functional hospitality establishment, the property is equipped with a comprehensive bar, kitchen, and service areas, providing a turnkey solution for continued use within the entertainment or food and beverage sectors. Its existing operational infrastructure, together with a well-established layout designed for high guest turnover, ensures that the venue can seamlessly support a range of commercial applications.
Zoned Business 3, the property allows for a wide variety of potential uses, including restaurant, events venue, offices, or mixed-use commercial purposes, subject to council approval. Its strategic location within Randburg’s thriving commercial corridor enhances its long-term investment appeal, making it a rare offering for buyers seeking a high-profile, income-generating asset with versatile redevelopment potential.
There is an opportunity to acquire the property with or without the business
Features
Landmark entertainment venue
High exposure site
Alcohol & Noise license in place
Versatile property suitable for a myriad of uses
With or without business
Area Description
Ferndale stands out as one of Randburg’s most prominent and commercially dynamic suburbs, strategically positioned within Johannesburg’s northern business corridor. Its prime location along major arterial routes, including Malibongwe Drive, Republic Road, and Bram Fischer Drive, provides seamless connectivity to Sandton, Rosebank, Bryanston, and the Johannesburg CBD, offering unmatched visibility and accessibility for high-profile commercial and entertainment operations. The suburb has evolved into a key destination for businesses seeking a vibrant and well-supported commercial environment.The precinct benefits from a thriving mix of retail, dining, and entertainment offerings that generate consistent foot traffic and strong after-hours activity. Key nodes such as Ferndale on Republic, Randburg Square, and the recently redeveloped Brightwater Commons provide an array of retail, restaurant, and leisure options, while boutique hotels, cafés, and nightlife venues further enhance the area’s appeal. This combination of amenities establishes Ferndale as a hub for both day-time commerce and evening entertainment, creating significant opportunities for operators in the hospitality and leisure sectors.Supporting its commercial and entertainment potential, Ferndale enjoys a high-density catchment, well-developed infrastructure, and a diverse customer base drawn from across Randburg and neighbouring suburbs. The suburb’s ongoing growth, combined with its strong visibility and established trading environment, positions it as a highly attractive precinct for investors and operators seeking a premium, income-generating property with long-term potential.
Area Amenities
Malibongwe Drive - 2.5km
Republic Road - 1.5km
Bram Fischer Drive - 1.5km
Mercure Johannesburg Randburg Hotel - 2km
Burkleigh House - 3km
The Bryanston Boutique - 4km