Retail commercial opportunity in Doornfontein to be auctioned

Posted On Thursday, 04 August 2011 02:00 Published by eProp Commercial Property News
Rate this item
(0 votes)

A retail commercial opportunity in Doornfontein, comprising of both retail and office space, is scheduled to fall under the Auction Alliance hammer during next month’s Commercial Multiple auction to be held on August 25

Property-Housing-ResidentialThe property is situated at 1 Sherwell Street, and occupies a prime corner position. The property’s prominent, high visibility location affords it with excellent exposure from passing traffic.

The property is easily accessible via Joe Slovo Drive which runs through Doornfontein, and enables efficient access in and out of the area via the M1 and M2. 

The property is surrounded by an established commercial node, and is situated within reach of the amenities situated in the surrounding vicinity and the nearby CBD, including the University of Johannesburg’s Doornfontein Campus and Ellis Park.

The 3 storey building extends over a GLA of 1,347m², and a land size of 493m².

Comments Daniel Treisman of Auction Alliance, “The infrastructural development and improvements which took place in the Doornfontein area as a result of the World Cup, has triggered a high demand for industrial, commercial and residential property in the area”.

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

Last modified on Wednesday, 11 June 2014 08:42

Most Popular

Residential sectional title sales again on the rise

May 27, 2021
Over the past 15 years, the sectional title market in South Africa has become entrenched…

Ongoing property market uncertainty makes the right finance partner key to extracting value

May 26, 2021
Claire Denny
Results from the listed property sector in 2020 showed property values reducing by an…

Pick n Pay and Fortress co-invest in a super distribution centre development

May 26, 2021
Fortress REIT announced that their biggest logistics development to date was signed with…

Exemplar REITail declares final dividend of 49.07 cps and announces 100% distribution

May 25, 2021
Mall of Thembisa
Rural and township retail specialists, Exemplar REITail, have declared a final dividend…

East Rand Mall will soon deliver the first phase of its major taxi rank upgrade

May 26, 2021
Phase 1 upgrade to the taxi rank at EastRand Mall
The first-phase upgrade of East Rand Mall taxi rank in the retail heart of Boksburg,…

Please publish modules in offcanvas position.