NEXGEN REAL ESTATE Logo
You are here: NEXGEN REAL ESTATE / Commercial / For Sale / Hilton / Leonard / Office / 2,708.90m² Office For Sale in Leonard

R38,500,000 | 2,708.90m² Office For Sale in Leonard

SHOWING LISTING 1 OF 1
GET EMAIL
ALERTS
0
VIEW MY
FAVOURITES
GALLERY

EXCLUSIVE COMMERCIAL INVESTMENT, 2,709 M² CORPORATE ASSET, TENANTED UNTIL 2029!!!

Hilton has long commanded a level of distinction that cannot be manufactured by development alone. Its established character, prestigious surroundings and Midlands positioning give commercial property here an identity of its own. Within this setting stands a substantial ±2,709 m² corporate asset, offering an investor an opportunity to secure considerable commercial scale within one of the region's most recognised addresses.

Property & Investment Profile:

. Combined Floor Accommodation: ±2,709 m²
. Number of Buildings: Two substantial commercial blocks
. Block A: ±1,346 m² over two levels
. Block B: ±1,363 m² over two levels
. Parking Provision: 64 bays
. Existing Lease: Secured with a government entity until 2029
. NOI R4 231 036
. Gross Monthly Rental R474 906.87
. Climate Control: Central cooling and heating
. Current Status: Occupied investment property
. R38.5 Million Excl. VAT

Block A

Block A encompasses approximately 1,346 m² and has been configured for substantial corporate occupation. Its ground floor combines a communal reception with open-plan workspace for approximately 15 desks, a boardroom, four private offices, server room, break room and kitchenette, storage and separate bathroom facilities. Upstairs, the scale becomes particularly evident, with seven private offices, an open-plan area for approximately 20 to 25 desks, three additional offices, another server room and two large open-plan environments capable of accommodating approximately 25 desks each, supported by kitchen, kitchenette and bathroom facilities.

Block B

Block B extends across approximately 1,363 m² and complements the first building with a similarly versatile corporate layout. The ground floor incorporates shared reception and bathroom facilities, a storeroom, strong/safe room, three private offices, two open-plan areas accommodating approximately 20 desks each, kitchenette and kitchen facilities, as well as a substantial private office suitable for use as a smaller boardroom. The first floor adds five private offices, a dedicated server room, kitchen and an open-plan workspace accommodating approximately 25 desks.

The value of a commercial investment is shaped not only by what stands on the property today, but by the position it holds within its market. Hilton gives this asset an immediate point of distinction, while its approximately 2,709 m² footprint, extensive corporate configuration and existing tenancy through to 2029 provide the substance expected of a significant commercial acquisition.

For the investor looking beyond the conventional office investment, this represents an opportunity to secure scale, established occupation and long-term commercial relevance in one of the Midlands' most distinguished locations.

Features

64
0
Zoning
Commercial
Title
Freehold
Interior
Air Conditioning
Yes
Exterior
Security
No
Parking Bays
Covered Parkings
64
Sizes
Floor Size
2,708.90m²
Land Size
3,760m²
1
Disclaimer:  While every effort will be made to ensure that the information contained within the NEXGEN REAL ESTATE website is accurate and up to date, NEXGEN REAL ESTATE 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.