R 53 000 000 - Office For Sale in Johannesburg Central

Web Ref:  2609075
Area Johannesburg Central, Johannesburg, Gauteng
Agency National Real Estate Bloemfontein

William Wiggill
083 675 7116
william@nationalre.co.za
An excellent investment and redevelopment opportunity in the heart of the Johannesburg CBD
Sage Centre is a landmark B-Grade commercial office building offering approximately 12,519 m² of gross lettable area, together with 308 parking bays.
The property currently has an occupancy rate of approximately 27.86%, providing significant potential to improve occupancy and unlock additional rental income.
PROPERTY FEATURES
• Approximately 12,519 m² gross lettable area
• 308 parking bays
• 12 floors above ground level
• Ground-floor reception area
• Basement parking
• Passenger elevators
• Restrooms and kitchenette facilities
• Ground-floor retail shops with direct street access
• Concrete-frame construction
• Extensive window walling
• Textured concrete columns
• Mix of open-plan offices and demountable partitioning
The condition of the office accommodation varies throughout the building, with some vacant floors requiring refurbishment, while other floors are clean and presentable and occupied by existing tenants.


Erf Size12519 m²