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R6,600,000 | 1,173m² Office For Sale in Savoy Estate

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R6,600,000

553 Louis Botha Avenue

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Monthly Rates
R13,162

1173 m² Mixed Use For Sale in Savoy Estate

This ±1 173 m² mixed use property on Louis Botha Avenue in Savoy Estate presents a strong investment opportunity with established income and exposure. Positioned along one of Johannesburg’s busiest arterial routes, the building benefits from continuous passing traffic, supporting both retail and office tenants. The current gross income of R1 020 987 per annum with 74% occupancy offers immediate yield with upside through lease optimisation. The Business 1 zoning allows for flexible use including retail, residential, education and automotive related operations, appealing to investors seeking diversification or owner occupiers requiring visibility and accessibility. The three storey structure with 70% coverage supports multi tenant configuration in a well established commercial strip.

Office Size: ±1 173 m²
Layout: Multi level mixed use configuration
Building Amenities: Three storey structure, high exposure frontage
Access & Transport: Direct access via Louis Botha Avenue
Proximity to Landmarks: Situated within the established Louis Botha commercial corridor

Located on Louis Botha Avenue near key links to the M1 highway and Athol Oaklands Road, with steady business activity along this transport spine. The position supports high visibility, tenant demand and ease of access for customers and staff.

Features

0
Zoning
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
1,173m²
Faith Motsepe
Faith Motsepe
Candidate Property Practitioner Registered with PPRA
(FFC 1277410)
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