R 45,990,000

R 45,990,000

Commercial Office Park For Sale in Illovo, Sandton
12
Bathrooms
Active

Commercial Office Park For Sale in Illovo, Sandton

Web Ref. NPLS-5465
Land size 5000 m²
Floor size 2850 m²
Monthly Bond Repayment
calculating..
Fantastic A Grade Office Park For Sale in Illustrious Illovo Prime Investment Opportunity in a Prestigious Commercial Precinct A rare opportunity to acquire a well-maintained 2,850m² office park located in the heart of Illovo, one of Johannesburg’s most sought-after business and lifestyle districts. Strategically positioned between Sandton and Rosebank, this multi-tenant office asset offers excellent visibility, strong rental appeal, and long-term capital growth potential. Property Highlights: GLA: ±2,850m² across multiple buildings or blocks Site Extent: Typically ±5,000m² (confirm on title) Zoning: Business/Commercial 4 (office and business use) Occupancy: Mix of tenants in place with lease upside or available with vacant possession (optional, based on sale strategy), including the Bellagio Restaurant (premium dining experience) on site. Layout: Combination of open-plan workspaces, private offices, boardrooms, and meeting areas Finishes: High-quality interior finishes with air-conditioning, suspended ceilings, and energy-efficient lighting Features & Amenities: Secure gated access with 24-hour security Ample on-site parking (open and shaded) Fibre connectivity throughout the park Landscaped common areas and tenant amenities, beautifully designed gardens and parking areas with established trees Backup power and water provisions Location Advantages: Situated on a quiet, tree-lined street with easy access to Oxford Road and Corlett Drive Within close proximity to Sandton CBD, Rosebank Gautrain Station, and major arterial routes Surrounded by top amenities including Thrupps Centre, restaurants, gyms, and premium residential nodes High LSM area Investment Appeal: High-demand location with strong tenant retention, long term leases in place and consistent rental income Suitable for owner-occupiers, investors, or redevelopers Potential for sectional title conversion or long-term lease structuring Significant upside through re-letting and strategic asset management

Features

Property Type Commercial
Listing Purpose Sale
Municipal Rates R 30000
Occupation 10/12/2025
Levy R 1
Floor Size 2850 m²

Rooms

Bathrooms 12

Amenities

Fibre

Property Video

Disclaimer

While every effort will be made to ensure that the information contained within the Northpoint Realty website is accurate and up to date, Northpoint Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.