R112.04 Million Owner-Occupier & Investment Opportunity | 724 16th Road, Randjespark
724 16th Rd - Douglas Green
About the property
724 16th Road, Randjespark is a substantial commercial and industrial property offering approximately 9,472 m² of rentable accommodation and presenting an attractive opportunity for both owner-occupiers and investors. The property includes a ±6,605 m² warehouse facility, adjoining offices, workshop/storage accommodation, executive offices, a marketing and merchandise building and a bar and patio area. Additional features include 22 dispatch and receiving bays, 105 parking bays, a borehole, excellent security and landscaped gardens. A portion of the property comprising the executive offices, marketing/merchandise building and bar and patio area is secured by an existing five-year lease with an option to renew for a further five years, providing an income-producing component alongside substantial owner-occupier accommodation. The property is offered for sale at R112,040,000, with an attractive financing structure potentially available to qualifying purchasers
Available unit
Black Friday SwiftSpace Incentive!! 724 16th Road in Randjespark, Midrand presents an exceptional opportunity for an owner-occupier or investor to acquire a substantial commercial and industrial asset offering approximately 9,472 m² of total rentable accommodation. The property is offered for sale at **R112,040,000** and incorporates a diverse range of improvements, including a substantial ±6,605 m² warehouse facility, adjoining administrative offices, workshop and storage accommodation, executive offices, a marketing and merchandise building, and a bar and patio facility. The main warehouse offers excellent logistics functionality with **22 dispatch and receiving bays**, making the property particularly well suited to freight, distribution, warehousing, e-commerce fulfilment and large-scale industrial operations. The office accommodation includes approximately ±1,252 m² of adjoining/admin offices together with approximately ±1,060 m² of executive office accommodation. Further improvements include approximately ±98 m² of workshop/storage space, a marketing and merchandise building and dedicated staff and entertainment areas. The property provides **105 parking bays**, comprising 83 covered and 22 open bays. Additional features include a borehole, excellent security and beautifully maintained landscaped gardens. An important investment component is provided by an **existing tenant occupying the executive offices, marketing/merchandise building and bar and patio building under a five-year lease, with an option to renew for a further five years**. This provides an incoming purchaser with an established income stream while retaining substantial industrial accommodation for owner occupation or further leasing. ### Attractive Financing Opportunity Adam International can assist qualifying purchasers with a structured financing solution comprising: **30% deposit** **70% financing over 10 years** **Interest rate at Prime less 1%** Financing is subject to approval and applicable terms and conditions. Strategically located in Randjespark, Midrand, the property benefits from convenient access to the N1 highway via the New Road and Olifantsfontein Road interchanges, providing excellent connectivity throughout Midrand and the wider Gauteng logistics network. This Black Friday opportunity offers a compelling combination of substantial industrial accommodation, existing rental income, logistics functionality and attractive potential financing for purchasers seeking a significant Midrand property asset. **WebSlug** 724-16th-road-randjespark-owner-occupier-investment-sale
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