Property description

293 ON KENT FERNDALE RANDBURG

Premium Commercial Building For Sale R 13,000,000 PLUS VAT

THE OPPORTUNITY

A rare chance to acquire a well-positioned, multi-level commercial building in the heart of Ferndale. Fully titled. Zoned Special. 4,015sqm of prime land with a substantial building footprint and immediate owner-occupier or investment potential.

This is not a tired B-grade asset. This is a solid, well-maintained building with genuine upside partially vacant and ready for a buyer who sees what it can become.

THE BUILDING

Total GLA: 2,489sqm across three levels

Level 2 (Top): 1,139sqm

Level 1 (First): 1,139sqm

Ground Floor: 210sqm

Parking: 101 bays: a significant competitive advantage in this node

Zoning: Special, permitting offices, professional suites and retail

FAR: 2.5

Coverage: 60%

Height: 3 storeys

Erf Extent: 4,015sqm: Full Title

CURRENT INCOME & VACANCY

Two tenants currently in occupation. One (1,074sqm on the top floor) vacates end-April 2026: creating a largely vacant building ideal for an owner-occupier taking full control, or an investor repositioning at market rental rates.

Remaining tenant: film production company occupying 372sqm on the first floor.

Vacancy is not a liability here. It's optionality.

LOCATION

Ferndale is a proven commercial node with strong fundamentals. Positioned on Kent Avenue with high road visibility and excellent signage opportunity.

2-minute drive to Randburg CBD and Multichoice HQ.

Direct access to Republic Road: the Sandton corridor.

Gautrain bus route runs along Republic Road.

Easy N1 access north and south.

Surrounded by established businesses, education institutions and retail.

THE INFRASTRUCTURE EDGE

The building is equipped with Kamstrup smart meters for electricity and water : with 30-minute interval readings and online consumption monitoring. Early-warning leak detection is built into the system. This is professional-grade utility management that reduces risk and operating costs from day one.

WHY THIS PROPERTY MAKES SENSE

The comparable market tells the story. Recent full-title sales in this immediate precinct range from R6.0m to R25.7m, with several transactions above R8m on equivalent erf sizes. At the asking price, this building offers substantial value per GLA square meter relative to neighbouring sales.

The land alone carries weight. The building adds more. The parking is a multiplier.

Viewing strictly by appointment.