Commercial Office Investment Opportunity with Residential Conversion Upside

Ref # 2464301
R26,800,000
Property Details
3,261m²
3,261m²

5 Skeen Boulevard presents a rare opportunity to acquire a substantial commercial office building in one of Bedfordview’s most established and well-connected nodes, with the potential to reposition or convert the asset for residential or mixed-use purposes, subject to municipal consent.

The property is ideally suited to investors or developers seeking income now with redevelopment or conversion upside, or owner-occupiers evaluating future adaptive re-use.

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The Property

The building comprises approximately 5,061 m2 of gross lettable area, arranged across three interconnected wings (A, B & C). The existing configuration includes multiple office suites, boardrooms, meeting rooms, kitchenettes, and ablution facilities, with lift and stair access servicing all levels.

The structural layout, generous floor plates, and existing services provide a strong foundation for conversion into residential apartments, serviced apartments, student accommodation, or mixed-use accommodation, subject to feasibility studies and statutory approvals.

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Parking & Accessibility

The property offers ample on-site parking, including covered and open bays, supporting both current office use and future residential requirements. Exceptional accessibility is provided via the N3, N12, and R24 highway network, with direct links to OR Tambo International Airport, Johannesburg CBD, Sandton, and surrounding commercial and residential hubs.

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Location & Residential Demand Drivers

Bedfordview is a highly desirable node due to:

  • Proximity to major employment centres
  • Strong retail and lifestyle amenities (Eastgate, Bedford Centre)
  • Easy access to transport infrastructure
  • Established residential demand for apartments and sectional title developments

These fundamentals underpin the long-term viability of residential conversion or redevelopment in the area.

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Investment & Conversion Rationale

  • Existing income from partial commercial tenancy
  • Flexible building configuration suitable for adaptive reuse
  • Strong residential demand in the Bedfordview node
  • Potential to convert to residential or mixed-use (subject to approvals)
  • Multiple exit strategies: income hold, conversion, or resale
  • Strategic location supporting long-term capital growth

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5 Skeen Boulevard represents a compelling value-add opportunity, combining immediate income, redevelopment flexibility, and the potential to unlock higher-value residential use in a proven urban location.

Whilst every effort has been made to ensure the accuracy of this listing, the information provided, including property size, monthly levies, and municipal rates, is for guidance only and may be subject to change. LuxLiv Property Group and its agents cannot be held liable for any errors, omissions, or discrepancies.

Property Features
Property Type
Office
Floor Size
3,261m²
Land Size
3,261m²
Costs and Terms
Available From
26 Jan 2026
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