R53,000,000

R53,000,000

12,518.80m² Building For Sale in Johannesburg Central
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Commercial Property for sale in Johannesburg Central

Web Ref. TPC1126
Floor size 12518.80 m²
Monthly Bond Repayment
R474,933.68
Sage Centre | Prime CBD Commercial Investment Opportunity

Strategically positioned in the heart of the Johannesburg CBD, Sage Centre presents an exceptional opportunity to acquire a landmark B-grade office building in one of the city’s most established commercial and government precincts.

This prominent concrete-frame structure features extensive window walling, textured concrete columns, and a functional flat-roof design, offering durability and flexible interior configurations suited to a wide range of commercial tenants.

The property comprises:

12 floors of office space above ground

Ground floor reception and retail component with street-facing access

Basement parking facilities

308 parking bays

Gross Lettable Area (GLA): 12,701.13 m²

Building GLA: 12,518.78 m²

Current Performance

Occupancy Rate: 25.98%

Vacancy Rate: 75.07%

The high vacancy presents a compelling value-add and repositioning opportunity for investors seeking refurbishment, redevelopment, or active leasing strategies.

Office Configuration & Amenities

Office floors offer a mix of:

Open-plan workspaces

Demountable partitioned offices

WC facilities and kitchenettes

Lift access to all floors

Floor conditions vary from dilapidated vacant areas ready for upgrade to clean, tenanted spaces. Lift lobbies also differ in finish, providing scope for modernization and asset enhancement.

Retail Component

The ground floor features multiple retail shops with direct street frontage, ensuring strong visibility and pedestrian exposure.

Tenant Profile Includes

African Bank

Public Protector South Africa

Atlas Finance

Merchants SA

BNM / Starlite Fashions

Vic-Moore Cellphones & Electronics

Location Advantages

Sage Centre benefits from a highly accessible and sought-after CBD position, neighbouring key landmarks such as:

Luthuli House

CCMA House

Johannesburg City Library

Gandhi Square

FNB BankCity

Standard Bank Headquarters

Excellent connectivity to major routes:

M1, R2, N3 highways

Public transport access:

Gautrain Station

Noord Taxi Rank

Multiple bus and taxi routes

Zoning

Business 1 – suitable for a wide range of commercial, retail, and mixed-use activities.

Investment Highlights

✔ Prime CBD location
✔ Significant refurbishment upside
✔ Strong surrounding government & financial node
✔ Retail + office income streams
✔ Excellent transport connectivity
✔ Large-scale redevelopment potential

Features

Zoning
Commercial
Sizes
Floor Size 12,518.80 m²
Listing Info
Date Listed 20-08-25

Disclaimer

While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties 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.