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929m² Investment For Sale in Greenside

18 Gleneagles Road · Greenside Web Ref CL119359

For Sale

R 11 900 000

R 12 809 / m² · excl. VAT

929 m²Floor size
R 12 809Rate per m²
InvestmentProperty type
ImmediatelyAvailable from
For SaleStatus

Overview

This 929m² fully-let mixed-use investment at 18 Gleneagles Road in Greenside offers immediate income with a gross annual yield of R1,540,757, supported by a stable tenant base with 3 to 5 year trading history. The asset suits investors seeking consistent cash flow in a proven lifestyle node known for strong foot traffic and tenant retention. A ground floor restaurant anchors the building, driving visibility and street activity along Gleneagles Road, while upper levels accommodate a mix of retail-style office users including beauty, design and service businesses aligned with the precinct’s character. The layout and tenancy mix leverage Greenside’s established reputation as a destination for dining, creative services and boutique retail, ensuring ongoing demand and occupancy resilience.

• Office Size: 929m²
• Layout: Multi-level mixed-use configuration with ground floor retail and upper-level offices
• Fit-out: Tenant-specific retail and studio-style finishes
• Building Amenities: Fully tenanted with established leases and escalation structures
• Proximity to Landmarks: Within the Greenside lifestyle and dining strip

Located off Barry Hertzog Avenue with access to Jan Smuts Avenue and close to Parkhurst and Rosebank nodes, this position benefits from consistent passing trade and strong local spend, supporting long-term income stability.

Features & amenities

  • Fitted / furnished
  • Investment zoning

Location

Similar available nearby

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