Commercial Property for sale in Parktown
Nestled in the heart of Parktown, one of Johannesburg’s most established and prestigious business nodes, this well-positioned office park offers an exceptional blend of security, accessibility, and modern business convenience — making it ideal for both owner-occupiers and investors.
The property provides a secure and professional working environment with 24-hour security, access-controlled entrances, and electric perimeter fencing, ensuring peace of mind for tenants and visitors alike.
Designed for convenience and scale, the office park offers ample parking with a total of 540 bays, comprising 413 secure basement bays and 127 open bays, comfortably accommodating staff and clients.
Strategic Location
Positioned just north of the Johannesburg inner city, the building enjoys outstanding connectivity:
* Easy access to major highways
* Within walking distance of Rea Vaya, bus routes, taxi services, Gautrain Park Station, and ride-hailing services
* Close proximity to Rosebank and Killarney
* Nearby landmarks include the Constitutional Court, Wits University & Business School, and KPMG
The surrounding area features a balanced mix of office and residential properties, supporting strong tenant demand and convenience.
Property Highlights
* Gross Lettable Area (GLA): 16 620 m²
* Telecoms infrastructure in place
* Access-controlled office park
* 24-hour security
* Large-scale parking provision
* Established corporate location
Occupancy Overview
* Current Occupancy Rate: 71.22%
* Vacancy Rate: 28.78%
Tenant Profile
A diversified and reputable tenant mix including:
* ODEK Technologies (Pty) Ltd
* Bafana Ncube Incorporated
* MERSETA (Manufacturing Engineering & Related Services SETA)
* Tshikululu Social Investments NPC
* Regus BC Habb (Pty) Ltd
This asset presents a compelling opportunity for investors seeking stable income potential with room for upside through vacancy absorption.
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.