These properties will be realising their true market value by going under Auction Alliance’s gavel.

The property in Rosslyn that will be on offer has two blue chip tenants – Bradlows and Joshua Doore. Rosslyn is a highly sought after industrial node situated north of Pretoria, which boasts a low level of vacant commercial properties, and a variety of top-end tenants or owners, including the likes of BMW South Africa. In the property in question, the tenants take up the entire 7 541m² gross lettable area. This building boasts unbelievable storage heights and admin offices. Another benefit is that the layout of the building allows large trucks to access the property.

The other two properties that will be available at the auction are situated on a very busy route to Zimbabwe in Makhado, formally known as Louis Trichardt. The first property, situated on the corner of Devenish and Kruger Streets, boasts an exceptionally busy Shoprite Checkers tenant, which has a lease until 2015. It neighbors the main taxi rank, and also has a few smaller shops that feed off the main tenant. Shoprite Checkers has the head lease on this property and has sub-let the other shops.

The second property is the Metro Cash & Carry building – here Metro Cash & Carry has also signed a head lease, and has sub-let a portion of the property to a liquor store. The company has been occupying the building since 1992, and the buildings comprise well sized warehouse and offices. Both the above mentioned properties are what many investors have been waiting for –  properties with strong retail potential and signed blue chip tenants, as well as a few short-term leases that will need to be negotiated in order to unlock new value.