This high-quality commercial property is located in Hilton’s sought-after Pin Oak Avenue and offers a total of 2,708m2 across two well-designed office blocks. The entire building is leased to a government tenant, providing investors with a stable, long-term income stream.
The Department of Agriculture and Rural Development occupies the property under a lease that runs until 31 May 2029, generating ±R450,000 per month, with a 6% annual escalation.
Why This Property Stands Out
- Blue-chip government tenant
- Secure lease until 2029
- Strong monthly income: ±R450,000, escalating annually
- Prime Hilton location with excellent demand
- 64 parking bays – a major convenience for tenants
- Well-maintained building with minimal upkeep needed
Block A – 1,346m2
- Ground floor: reception, boardroom, large kitchen, enclosed offices, and bathrooms
- First floor: five offices, server room, open-plan areas, and bathrooms
Block B – 1,346m2
- Open-plan ground floor with central bathrooms and a kitchenette
- Spacious office areas (right side fits ±30 desks)
- First floor includes more open-plan space, enclosed offices, bathrooms, and kitchenette
- Bridge linking directly to Block A
Additional Features
- Central air-conditioning and heating
- Alarm beams and smoke detectors
- Professionally managed and in excellent condition
