The property is off Witkoppen Road in the very popular retail development, The Straight, opposite Montecasino.
The Straight is a sectional-title retail development. The unit is perfect for an owner-occupier or an investor.
It also has good exposure, being the first unit on entry to The Gantry and The Straight, directly opposite Pineslopes Shopping Centre.
The showroom has a gross lettable area of 586m², 170m² of storage space and six parking bays underground. The property forms part of the liquidation of Windstorm Property Developments.
The area has been extensively developed over the past three years. A large number of new commercial and residential developments can be found in the immediate vicinity.
“Properties such as this, which have high exposure, are highly sought after in the area,” says William Amerseder of the Alliance Group. “The commercial market is expected to strengthen this year on the back of our recent interest rate cuts, thus creating more opportunity for investors and owner- occupiers.”
At the same auction, an opportunity in the Kyalami Business Park will be on offer. The property is 1800m² of offices and warehousing and has ample parking with good visibility on Kyalami Boulevard.
The park is one of SA’s largest business parks (72ha).
The well-established business park has proven to be a great investment over the years and continues to do well with the boom in residential estates within the immediate area.
The property is fully let but will be sold with vacant occupation as the tenants are relocating. Safety and security is a big drawcard with controlled access points being well manned by personnel and cameras. “The Kyalami Business Park is very popular for its location, and with lush landscaped gardens, parks, dams and excellent roads, the Kyalami Park is an attractive business location,” says Gareth Botha of Alliance Group,
He says the auction will take place on March 18 at the Hilton Hotel in Sandton at noon.
