R 200 000 | office property to rent in ferndale

This upmarket office block is situated in the heart Randburg. The property has recently been renovated and can potentially be utilised for a number of purposes such as office accommodation, investment opportunity or a residential conversion. The property measures 4371m2 and is set on a stand measuring 4015m2.The property consists of 5 floors and an additional basement area.There is ample space for additional uncovered parking.In its current form it's been utilized as a call centre however the configuration of the floor plates may make this property an ideal candidate for a residential conversion. The process to convert this asset to residential 4 rights is well underway and should be complete before the end of the year (2022). The proposed new zoning rights would allow an additional 3 stories and - 2400m2 of additional bulk.