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Fully-tenanted Centurion retail property to go on auction

Posted On Thursday, 13 January 2011 02:00 Published by eProp Commercial Property News
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Strong demand is expected at the Hilton Hotel, Sandton on February 16 when various commercial properties go under the auctioneer’s gavel

Property-Housing-ResidentialOne highlight is a fully-tenanted shopping centre in Rooihuiskraal, Centurion. Tenants include Foodzone as anchor tenant, a bank, MTN (with a lease until 2021), hairdressers, take-away outlets, a liquor store, pub, dry cleaners and numerous additional stores.

Gross annual income amounts to about R1.3 million. 

The property consists of two buildings; the main building contains numerous stores, ablution areas and a receiving bay. The second building comprises a double storey structure with various sized shops on the ground and first floors; there is ample parking with 46 marked bays and the property enjoys good access to main arterial routes.

Comments Andreas Greeff of Auction Alliance, ‘’Due to the variety of shops in the centre, it has become a prime location for the local residents. The property has a GLA of 1,473m² and offers easy access to local amenities in the nearby Randburg and Bryanston CBD’s and surrounding suburbs.’’

The auction takes place at 12pm on February 16 at the Hilton Hotel, 138 Rivonia Road, Sandton.

For more information contact Andreas Greeff on 072 118 7509.

Last modified on Monday, 09 June 2014 12:49

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