NEW
Web Ref CL35028
POA
21 Margaret Avenue
ON AUCTION - 1 JULY 2026 - Markem Office Building - High performing income asset
Located in Kempton Park CBD, this well positioned multi-tenanted commercial office building presents a compelling investment opportunity with strong existing income, leasing upside, and future redevelopment potential.
Positioned on a corner site with excellent exposure on to the M90 with accessibility to major transport routes and OR Tambo International Airport, the property caters to a broad commercial tenant base while offering investors immediate value-add opportunities through vacancy optimization and rental growth.
Existing leases at below market rates providing tenant security with ability to unlock further returns.
Gross Lettable Area (GLA): ±4 572 m²
ERF Size: ±5 021 m²
Current occupancy76%
Vacancy upside 24%
Current gross annual income of approximately R4.52 million p.a.
Office suites range ±22 m² - ±535 m²
Easy access to the R21, R24 and Pretoria Road (M45)
Close proximity to OR Tambo International Airport, Gautrain bus routes, and public transport nodes
Established retail, medical and civic amenities surrounds
Potential future redevelopment or densification opportunity
Prime opportunity for investors seeking income with long term value-add potential
Positioned on a corner site with excellent exposure on to the M90 with accessibility to major transport routes and OR Tambo International Airport, the property caters to a broad commercial tenant base while offering investors immediate value-add opportunities through vacancy optimization and rental growth.
Existing leases at below market rates providing tenant security with ability to unlock further returns.
Gross Lettable Area (GLA): ±4 572 m²
ERF Size: ±5 021 m²
Current occupancy76%
Vacancy upside 24%
Current gross annual income of approximately R4.52 million p.a.
Office suites range ±22 m² - ±535 m²
Easy access to the R21, R24 and Pretoria Road (M45)
Close proximity to OR Tambo International Airport, Gautrain bus routes, and public transport nodes
Established retail, medical and civic amenities surrounds
Potential future redevelopment or densification opportunity
Prime opportunity for investors seeking income with long term value-add potential
Features
Zoning
Commercial
Title
Freehold
Exterior
Security
Yes
Parking Bays
Open Parkings
21
Covered Parkings
46
Sizes
Floor Size
4,572m²
Land Size
5,021m²
STREET MAP
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