Old and new buildings on offer

Posted On Friday, 29 August 2008 02:00 Published by eProp Commercial Property News
Rate this item
(0 votes)

 

Morden office and retail buildings, as well as an historical hotel building in Gauteng and Mpumalanga, will be on offer at the Alliance Group multi- property auction next month.

 

Property-Housing-ResidentialProperties in Johannesburg, Klerksdorp, Nelspruit, Witbank and Krugersdorp will be among those coming under the hammer.

A newly-built office building described as a high-tech corporate head office and warehouse is on offer on Roan Crescent Midrand.

The building, with vacant occupation from January next year, has a gross lettable area of 9575m² Not as modern, but a handsome building in its own right, is the historical hotel in Krugersdorp.

The hotel, on Commissioner Street, has 22 rooms, 15 mini flats, a restaurant and conference facilities. It has an existing liquor licence.

Also in Krugersdorp is a modern office block with a lettable area of 9575m² on a 2769m² stand on Ockerse Street. On sale in Klerksdorp is also a retail strip centre, Terminus Building, with blue chip tenants and a lettable area of 10344m²

A six storey office block with redevelopment potential is available on Jan Smuts Avenue, Bordeaux. The partly vacant building of 4854m² has a gross income of R556488 a year.

Another office block, on Voortrekker Street Gezina, Pretoria should attract keen bidding. The building, which has an Absa lease until 2013, has lettable area of 1718m² The building has a gross income of R1,01m a year.

On offer in Cullinan is an interesting combination of a retail/conference centre and a filling station.

There is a 10-year lease with the Shell oil company. The complex has seven tenants, a lettable of 1670m² and a 25 parking bays.

Industrial buildings include a fully let building in Glen Austin, Midrand, and a complex in Kramerville. The former has a lettable area of 6 757m² and an income of R1,2m a year, and the latter has 6 757m² and a gross income of R1,4m a year.

More unusual is the offer of a one-stop residential, bushveld and commercial component Klaserie. The property on 61,83ha comes with five houses, two flats, restaurant and forecourt and has a gross income of R438 000 a year.

An attractive investment opportunity is offered by a retail centre with a gross lettable area of 2 170m² in Nelspruit.

The centre has Sales House as tenant with a gross income of R1m a year and a lease expiring in 2016.

Last modified on Thursday, 12 June 2014 15:55

Most Popular

Repo rate unchanged at 3.5%

Mar 25, 2021
Lesetja_Kganyago_SARB_Governor
The Monetary Policy Committee has decided against altering the repo rate, deciding to…

Park Village Auctions brings to market a well Designed Factory with Offices

Apr 05, 2021
Default Image
Park Village Auctions brings to market a well Designed Factory with Offices

The Business Exchange announces new Dollar-based investment opportunity for South Africans

Apr 06, 2021
David_Seinker_CEO_The_Business_Exchange
Serviced office space provider The Business Exchange (TBE), in partnership with Maxcity…

Absa partners with Amdec Group to bring iconic Harbour Arch development to fruition

Mar 30, 2021
Harbour _Arch_Context
Absa Bank has partnered with Amdec Group, South Africa’s leading developer of new urban…

Growthpoint completes Cintocare Hospital development - the first of its kind for Africa

Apr 06, 2021
Street view of the Cintocare Hospital
A 11 000 sqm specialised surgical hospital development by Growthpoint Properties (JSE:…

Please publish modules in offcanvas position.