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![]() Superior Business Address: Office close to the President’s Office
LocationSummary
SituationThe property is located in Arcadia, which is within close proximity to Pretoria’s CBD area, which in turn forms part of the greater City of Tshwane. The City of Tshwane devised an Inner-City Rejuvenation Master Plan, which aims to redevelop the CBD. Two corridors of development and investment, being along Paul Kruger and Church Streets, as set out by Re Kgabisa Tshwane, will be the core of the nation’s executive capital where the National Government head office administration is housed. The property is situated ideally within a strategic area close to the Union Buildings within the Church Street corridor. It is thus feasible to accept that the subject property will be a consideration for National Government in terms of leasing space. DescriptionThe property is located on a prominent corner within the Pretoria CBD/Arcadia. The property is square in shape with street frontage on Hamilton Street, which provides the property with high volumes of passing trade. The improvements comprise a three-storey office building with structured half basement parking. Additional open parking is provided on either side of the building. The ground floor provides a small lobby area, accessed from Belvedere Street. The lobby requires upgrading to maintain the building’s B Grade as office grading. The main entrance is considered typical of an inner-city office building, but not in line with modern A-grade office requirements. The office space is air-conditioned via individual split-level units, which will require an upgrade should a higher office rating than B Grade be desired. The floor space is fairly flexible with the majority of the internal walls being demountable. The building is suited for a single tenant. The building is U-shaped and been constructed around a central core, which accommodates a single lift shaft with a staircase forming part of the core. Common area lift lobbies have been provided on each floor, which also forms part of the core. A secondary staircase, which doubles as a fire escape has been constructed at the opposite side of the building. Bathrooms and kitchens have been provided in this space. A total of 28 parking bays have been provided. Contacts
See website for full details : https://www.cbre-x.online
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