Executive Summary:
A prime, free-standing office building offering a secure, high-yield investment in Johannesburg's coveted Fourways node. The property is fully tenanted by a national retailer, providing immediate income and long-term stability with excellent visibility and access.
Property Details:
Location: Entrance to Fourways Crossing, William Nicol Drive, Fourways, Johannesburg.
Building Type: Iconic, free-standing office building.
Size: 2,194 m2 (GLA).
Status: Fully tenanted.
Current Tenant: Home & Toys (a national homeware and toys retailer).
Lease Expiry: 31 May 2027 (providing medium-term income security).
Financials: Offered at a compelling 9% net yield.
Key Investment Highlights:
Secure & Immediate Yield: The property offers a strong 9% yield from day one, backed by a lease with a reputable national tenant, ensuring immediate and predictable cash flow.
Irreplaceable Location: Situated in the heart of the Fourways node, one of Johannesburg's most dynamic and rapidly growing commercial and residential hubs.
Excellent Exposure: Prominent frontage on the high-traffic William Nicol Drive.
Superb Accessibility: Direct access to major arterials including Witkoppen Road, Fourways Boulevard, and Winnie Mandela Drive (R511).
Proximity to Major Amenities: The property is strategically positioned within a popular business and retail nexus, adjacent to key destinations:
Adjacent to: Fourways Crossing Shopping Centre.
±1 km from: Fourways Mall (one of the largest in Africa).
±1.6 km from: Cedar Square Shopping Centre.
±1.8 km from: Montecasino entertainment complex.
Proven Pedigree: The building was initially occupied by Standard Bank, demonstrating its quality and appeal to major blue-chip tenants.
Thriving Node: Fourways is a strategic economic centre undergoing continuous infrastructure upgrades and expansion, underpinning long-term capital growth and rental appreciation potential.
Ideal Investment For:
Investors seeking a stable, hands-off commercial property with a strong tenant.
Portfolios looking to diversify with a high-yielding asset in a top-performing node.
Those capitalizing on the sustained growth and desirability of the Fourways area.
