Commercial property specialists
Unit 1, 5 Concourse Crescent, Studio Office Park · Lonehill Web Ref CL118776
R 4 000 000
R 13 865 / m² · excl. VAT
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Located within Studio Office Park at 5 Concourse Crescent, this 288.52m² freehold office investment is offered for sale at R4,000,000 excluding VAT. The property is fully tenanted by two occupants across the ground and first floors and is being sold with a current net yield of 8.93%, making it an attractive opportunity for investors seeking immediate income. Situated in a well known B grade office park within the established Lonehill and Fourways commercial node, the property benefits from strong business activity and convenient access to key northern Johannesburg routes. Studio Office Park remains popular with professional service firms due to its accessibility, secure office environment and proximity to major retail and business amenities.
Office Size: 288.52m²
Layout: Ground and first floor offices occupied by 2 tenants
Parking: 12 parking bays comprising open and shaded bays
Building Amenities: Freehold office building within Studio Office Park, B grade offices
Proximity to Landmarks: Close to Lonehill Boulevard and the Fourways business node
Situated off Concourse Crescent with easy access to Witkoppen Road and Main Road. Near Lonehill Shopping Centre and Fourways commercial amenities. The location supports consistent tenant demand through its accessibility, established business environment and proximity to key residential and commercial catchments.