Position your medical or service business for growth in a thriving commercial corridor off Beyers Naude — walking distance to Heathway Centre, with large landscaped garden and pool, ample parking.
CALLING INVESTORS WITH A LONG-TERM VISION
This is a unique opportunity in a PRIME LOCATION for a medical practice or service-oriented business to invest strategically in a property. The area has transitioned from primary residential to a busy commercial and retail zone. This being the last Residential Zoned 1 property (with medical usage consent), it offers an investor or entrepreneur with vision for redevelopment the opportunity to buy now at a market-related price and build value over time.
Currently used as a dental practice, the property offers a solid structure for renovation and repurposing.
FEATURES
- Four large spaces (previously double-sized bedrooms), (the dental suite has an en-suite bathroom)
- An open-plan reception area next to a large kitchen and storage area
- A converted double garage with its own exit door
- Three bathrooms
- Additional space for three offices in the previous family room area
- Two outbuildings: double store room and helper`s room with toilet and basin, bedroom and storage area.
- An expansive, landscaped garden with a pool in working condition
- Secure parking for 14 cars
BENEFITS TO INVESTORS
1. The property is located just off Pendoring Road, offering easy access to Beyers Naude Drive and the N1 highway. Its location caters to a wide range of economic segments – from premium to budget-friendly.
2. It is situated within walking distance of the Heathway Centre and the Mountain View Retirement Village.
3. The area has transitioned from primarily residential to a busy commercial and retail zone
4. This property presents an ideal service-oriented business opportunity for investors in the medical and wellness field.
5. The property offers a redevelopment opportunity for an investor in the affordable rental market. Situated in a low-vacancy area, the property offers high rental income potential and strong capital growth.
POTENTIAL USES
- Medical suites or a health and wellness centre
- Professional law, finance, or consultancy offices
- Private tutoring centre
- Rehabilitation centre
- Fitness facility, or a
- Rental income conversion.
The owner is open to negotiating reasonable, solid offers.
Ready to buy? Call Lizl or Susan to make an appointment to view. This may be the best decision you have made this year!
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R2,500,000
Price reduced by 0.4% to R2,490,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 62 listings in Randburg (town)
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Market depth
62 similar listings
High similar-home inventory town-wide (Randburg)
Median time on market: 152 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Calculate your moving costs to Blackheath with the help of our moving partners.
Blackheath is a well-established, tranquil residential suburb in Randburg that offers residents a convenient lifestyle with easy access to major business hubs, quality schools, and essential retail amenities.
* Distances and amenities are approximate.