Flextronics
Property Overview
Flextronics finds itself in the 500m2- radius bowl of South Africa's prestigious M-Net Head Quarters, where the likes of Big-Brother House is situated. Adding to the already impressive level of exposure. Randburg is baptized as a ‘High LSM Income Group' and neighbored by Sandton and Houghton, South Africa and the rest of the world has found it fit to record this as the ‘Ecconomic Centre of Southern Africa'. The accessibility mentioned earlier is complimented further with the close proximity off the N1.
Flextronics, an elite corporate office block, located at 260 Surrey Road, Ferndale/Randburg, which branches off from the popular Republic road, which makes the accessibility to and from work very attractive.
Flextronics Building host homes to ‘Blue-Chip' corporate tenants namely, Flextronics, which holds the ‘AAA-Net Lease' for the entire property. Flextronics sub-lets a smaller portion to the reputable tenant First Rand Bank Limited, which uses the premises for administration purposes. Flextronics, the anchor tenant, is an established international tenant that occupies the majority of the building.
Capital Growth on this building is estimated to be above average and should yield significant return to the Investor.