NEW
SOLE MANDATE
Web Ref CL34270
On Auction 01 July 2026 - PRIME COMMERCIAL OPPORTUNITY
On Auction 01 July 2026 - PRIME COMMERCIAL OPPORTUNITY
The subject property comprises a four-storey commercial building with basement parking, situated within the Silverton node.
The building offers a mix of retail and office accommodation, with one elevator servicing the various floors. Internally, portions of the building have been refurbished with quality finishes, while certain areas still provide scope for further upgrade and repositioning.
The accommodation includes a ground-floor retail component, mezzanine area, open-plan office space, smaller office suites, storage areas and ancillary facilities, allowing for flexible tenant configurations and a variety of commercial uses.
Externally, the building is finished with a combination of concrete and tiled façade elements, together with a concrete roof structure, providing a durable and low-maintenance exterior.
The property has a total lettable area of approximately 2,023.70m², of which 1,091.40m² is currently occupied, reflecting an occupancy level of 53.93%. The property is currently let to three tenants, including ABSA Bank, Zororo Phumulani Silverton and Ressortir.
The remaining vacancy of approximately 932.30m², equating to 46.07% of the total lettable area, provides a purchaser with potential upside through further letting, refurbishment and active asset management.
The subject property comprises a four-storey commercial building with basement parking, situated within the Silverton node.
The building offers a mix of retail and office accommodation, with one elevator servicing the various floors. Internally, portions of the building have been refurbished with quality finishes, while certain areas still provide scope for further upgrade and repositioning.
The accommodation includes a ground-floor retail component, mezzanine area, open-plan office space, smaller office suites, storage areas and ancillary facilities, allowing for flexible tenant configurations and a variety of commercial uses.
Externally, the building is finished with a combination of concrete and tiled façade elements, together with a concrete roof structure, providing a durable and low-maintenance exterior.
The property has a total lettable area of approximately 2,023.70m², of which 1,091.40m² is currently occupied, reflecting an occupancy level of 53.93%. The property is currently let to three tenants, including ABSA Bank, Zororo Phumulani Silverton and Ressortir.
The remaining vacancy of approximately 932.30m², equating to 46.07% of the total lettable area, provides a purchaser with potential upside through further letting, refurbishment and active asset management.
Features
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
2,023m²
Land Size
2,367m²
