Prime 1640m2 Office and Warehouse Investment Opportunity in Grand Central, Midrand

Ref # P00008331
R15,100,000
Property Details
49 New Road, Grand Central, 3
1,640m²
8,841m²

An exceptional opportunity awaits in the heart of Grand Central, Midrand — a well-positioned 1640m2 commercial building offering a blend of office and warehouse space with strong investment potential.

This property is currently 70 percent tenanted and actively securing new leases, with the potential to generate a full monthly income of R142040 once fully let. The building spans across two levels of well-designed office space and includes a 530m2 warehouse fitted with two large roller shutter doors, ideal for logistics and storage, with easy access for large trucks.

Each floor features two office wings measuring 124.97m2 and 138m2 respectively, across three levels, offering ample space for multiple tenants or a large corporate setup. An additional 249m2 mezzanine level can also be converted into rentable office space, enhancing revenue potential. The property is equipped with three-phase power, private basement parking exclusive to the block, and is positioned directly across from Grand Central Airport with close proximity to the Midrand Gautrain Station.

This is a strategic acquisition for investors seeking strong returns or businesses looking to secure a prominent footprint in a rapidly developing node.

Enquire now to arrange a viewing and secure this exceptional property in one of Midrand’s most connected locations.

P00008331

Property Features
Property Type
Office
Garages
130
Floor Size
1,640m²
Land Size
8,841m²
Costs and Terms
Rates & Taxes
±R12,873.57
Levy
±R17,320.94
Additional Information
Kitchen
Has Kitchens
Security
24-hour park security
Video Tour
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