Cor Panorama Dr & Golf Clb TerraceConstantia Kloof, Johannesburg, 1709, ZA

Constantia Kloof (PIC Portfolio)

资产描述

This freehold property is situated at the intersection of Panorama Drive and Golf Club Terrace in Constantia Kloof. Adjacent to Strubens Valley, Weltevreden Park, Helderkruin, and Allen’s Nek, Constantia Kloof is primarily a residential area with controlled access through traffic booms. Along its primary thoroughfare, Hendrik Potgieter Road (M47), Constantia Kloof hosts a well-established commercial precinct featuring a variety of retail and office spaces.

This property encompasses three erven, collectively developed with a two-story office block featuring a basement, shade-covered, and open parking facilities. The exterior showcases faced brick façades complemented by powder-coated aluminum windows, all sheltered by a pitched IBR roof. Surrounding infrastructure includes steel palisade fencing, brick paving for circulation and parking areas adorned with landscaping, and comprehensive access control.

Currently single-tenanted, WIRUlink occupies c.17 sqm of the office Gross Lettable Area (GLA) and utilizes 12 parking bays.

Title Deed Information

Erf: Ptn 8 of 927, Ptn 9 of Erf 927 and RE of Erf 927, Constantia Kloof Ext.1
Title Deed Number: T31654/2015
Registered Owner: The Government Employees Pension Fund
Local Authority: City of Johannesburg Metropolitan Municipality
Extent: 3,190 sqm (807 sqm + 832 sqm + 1551 sqm)

Zoning Information

Zoning: Business 4
Height Restriction: 3 Storeys
Coverage: 70%
F.A.R: 0.4
Building Lines: 5m along street boundary
Parking Requirements: 4 bays per 100 sqm of office GLA

Tenancy

Tenant: WIRUlink (Pty) Ltd
Area: 320 sqm (ground floor)
Lease term: Commenced on 1
July 2023, expiring on 30 June 2026
Rent: Current rent of R24,000 per month
Escalation: 7% per annum

Covenant

WIRUlink (Pty) Ltd is a licensed internet and telephone provider, operating since 2010. WIRUlink is known for building, monitoring, operating and maintaining an advanced Fixed Wireless network in South Africa. The network and equipment are fully owned and managed by WIRUlink, and there is no reliance on third-party networks.

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