R36,650,000
INVESTMENT PROPERTY FOR SALE IN MENLO PARK, PRETORIA
LARGE A-GRADE COMMERCIAL PROPERTY FOR SALE IN THE WELL-KNOWN BUSINESS HUB OF PRETORIA EAST.
Comprising out of a spacious 1,244 square meter office building based on a 2,180 square meter erf size, this facility is ideally located at 379 Lynnwood Road in the well-established commercial district of Menlo Park. It offers exceptional main road exposure and visibility due to great signage opportunities. The property allows easy accessibility to several main arterial routes as well as the N1 highway leading to surrounding areas like Brooklyn, Menlyn within 2.5km and Hillcrest among many other. Menlo Park hosts ample schools and well-developed amenities stationed within close proximity. These amenities include Hillcrest Boulevard accommodating several retailers, restaurants, grocery stores and banking facilities just to name a few.
This A-Grade commercial offering is partitioned with two tenants currently in the building of which tenant A occupies a 1,150.15 square meter lettable area and tenant B occupies a small 181.35 square meter unit. Tenant B is willing to sign a new Lease if needed and tenant A's Lease only expires in 2026.
The building between both offices comprises out of 2 reception / waiting areas, multiple closed office suites, a hand full of open plan work environments, 2 boardroom facilities, a server room, 2 kitchens and 4 sets of ablutions with balconies and a roof top entertainment area. It has been equipped with neatly maintained carpet and tiled floors, blinds, air conditioning units, fibre installed connectivity and massive large windows that allow a great amount of sunlight to entire the building.
379 Lynnwood Road is perfectly located hosting a very modern commercial property also providing excellent twenty-four-hour security, access-controlled entrance and exit points, a backup power supply, beautiful green gardens and ample secure parking.
Operational cost - R 22,083.00
Rates - R 21,963.00
Features
Title:
Freehold
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
1,244m²
Land Size
2,180m²
Parking Bays
Covered Parking Bays
24
Open Parking Bays
24
Extras
Operational cost - R 22,083.00 • Rates - R 21,963.00Menlo Park, Pretoria
Pretoria is South Africa's administrative capital. It is also well known for its abundance of architectural styles and old buildings which give the city a regal look. It is home to both luxurious residences and a wide range of commercial properties, from which some of South Africa's best-loved brands and most renowned companies operate. The city is famous for the purple jacaranda flowers which carpet its roads and...
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