Commercial Property for sale in Johannesburg Central
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
Finance
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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.