Prime Commercial Investment Opportunity | Two Properties | Blairgowrie, Johannesburg Established Income-Generating Commercial Asset with Development Potential

An exceptional opportunity to acquire two adjoining commercial properties in the heart of Blairgowrie's established business node, offering a combination of existing rental income, quality commercial infrastructure and future development potential.

Situated on two separately zoned properties, the offering comprises two distinct commercial buildings, known as Block A and Block B, currently approximately 90% let, with a well-established tenant base, many of whom have occupied the premises for over five years.

The properties are available as a going concern, presenting an attractive opportunity for investors seeking immediate rental income alongside longer-term growth potential. 

Block A – Premium Commercial Offices & Fully Equipped Production Kitchen

Zoning: Business 1

Fronting onto Conrad Drive, Block A is an impressive, architecturally distinctive commercial building featuring generous volumes, a central courtyard and multiple levels of flexible office accommodation.

The building offers:

• A substantial, fully equipped, approximately 250 m² commercial dark kitchen, designed for professional food production and catering operations.
• Dedicated hot and cold kitchen areas, walk-in refrigeration and freezer facilities, dry storage, kitchen offices and supporting infrastructure.
• A service area opening onto an attractive courtyard, offering potential for food service and hospitality-related activities.
• Multiple levels of office accommodation, with floor areas averaging approximately 250 m² per wing.
• Flexible office layouts, currently subdivided into smaller individual offices, accommodating a diverse range of professional and commercial tenants.
• An established tenant mix providing recurring rental income.

The combination of professional office accommodation and substantial food production infrastructure makes Block A particularly versatile, with appeal to both investors and owner-occupiers. 

Block B – Commercial Premises, Extensive Parking & Development Potential

Zoning: Business 4

Positioned behind Block A, with access's between Blairgowrie Drive and Hillcrest Avenue, Block B occupies a substantial double stand and provides additional commercial accommodation and parking infrastructure.

Key features include:

• Approximately 400 m² of existing covered commercial space.
• Parking capacity for approximately 40–50 vehicles, also servicing Block A.
• Business 4 zoning, offering flexibility for a range of permitted commercial activities.
• Significant potential to further develop or optimise the site, subject to municipal approvals and applicable development controls.

Block B offers an opportunity to unlock additional value through future development, reconfiguration or improved utilisation of the existing property.

 An Established Investment with Immediate Income

Unlike vacant commercial developments, these properties benefit from an existing operational environment and an established tenant community.

 Investment highlights:

• Two commercial properties offered together.
• Distinct Business 1 and Business 4 zoning.
• Approximately 90% occupancy across the buildings.
• Long-standing tenants, many in occupation for more than five years.
• Existing rental income with the potential for further growth.
• Flexible office accommodation and substantial commercial kitchen infrastructure.
• Extensive on-site parking.
• Additional development potential on Block B.
• Established location within the Blairgowrie commercial node.
• Opportunity to acquire the properties as a going concern.

 Location

Located within Blairgowrie's established commercial precinct, the properties benefit from a central position with convenient access to surrounding residential neighbourhoods and key commercial areas, including Randburg, Rosebank and Sandton.

The location supports a diverse range of commercial activities and offers an attractive environment for businesses seeking accessible premises in an established business community.

 A Rare Combination of Income and Opportunity

Whether acquired as a long-term income-producing investment, a strategic commercial property holding or a platform for future development, this offering provides a compelling combination of established infrastructure, existing tenants and untapped potential.

Contact us to arrange a private viewing and obtain further information on the property's rental income, tenancy profile and investment potential.