Prime Fully-Tenanted Office Building for Sale – R19 500 000 | Ashlea Gardens, Pretoria
Location: Just off the N1 Highway | Ashlea Gardens, Pretoria
Price: R19 500 000
Available on an Instalment Sale
An exceptional investment opportunity awaits with this well-established, well maintained, income-generating office building in a sought after location of Ashlea Gardens, conveniently located just off the N1 highway.
Property Highlights:
• Office Block with a diverse mix of professional tenants, including legal firms, engineering companies, and corporate groups.
• Gross Lettable Area: ±1,370 m²
• Monthly Gross Rental Income: ±R208,355 (incl. VAT)
• Secure, long-term leases in place, with several tenants contracted through to 2030 and beyond.
• Vacancy: Only ±190 m² currently available – potential to increase income by
± R43 000/month.
• Secure Parking: 31 bays, 6 shade net, 13 open guest parking
• Strong tenant profile including:
o One tenant well located in the building is prepared to cancel vacate if the purchaser needs more than 190m² office space.
• Large backup generator in the basement
• On the top floor is a common entertainment area and a flat-let for night shift employees.
Instalment Schedule of 24 months Available.
• First payment: R5 000 000.00
• 22 monthly payments of R100 000.00 ( composed of a capital portion of R50 000.00 and an occupational rent portion of R50 000.00)
• Balloon payment on month 24: R13 450 000.00
Why Invest Here?
• Prime location in one of Pretoria’s most desirable commercial nodes.
• Immediate rental income stream from established tenants.
• Excellent access to the N1 highway, making commuting easy for tenants and clients.
• Well-managed asset with consistent cash flow and rental escalations.
This property is ideal for the discerning investor looking for a stable, high-yield commercial asset in a sought-after location.
Contact me for more information or to schedule a viewing.
Serious investors only. Financials available on request.
