Joburg auction feature

Posted On Wednesday, 09 November 2011 02:00 Published by eProp Commercial Property News
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Multiple auction offers numerous opportunities including industrial and office investments.

Property-Housing-ResidentialTwo prime industrial properties in Benrose: 

Two well situated properties in the well-established light industrial node of Benrose will be brought under the Auction Alliance hammer. The properties will be sold separately and will both be sold on the basis of vacant occupation.

Benrose is easily accessible via an established network of main arterial routes which allow for easy access to all surrounding suburbs and the Johannesburg CBD.

The first property, a prime industrial facility, is prominently situated on the corner of Daniel and Main Reef Roads, and extends over an approximate GLA of 6,887m².

The property hosts a factory component, double storey office building and warehouse with a 5 ton crane. Other features include 625 KVA of electrical power onsite, basement and a cold room.

The second property is situated at 170 Main Reef Road, and extends over an estimated Gross Building Area of 1,350m². The property hosts a factory, office space and a mezzanine area, and could be easily converted into a retail showroom.

Comments Warren Aronson of Auction Alliance, “The strategic location of both properties on Main Reef Road, a major arterial, as well as easy access to the M2 highway, makes the upcoming auction of both properties highly appealing to owner occupiers and investors”.

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

First-rate offices in the Rosebank district:

Representing a perfect owner occupier opportunity, the first-rate office space in the residential and commercial node of Parkwood, which forms part of the established Rosebank District, will be brought to the auction floor.

The property is prominently situated on the corner of Bath Avenue and Selby Road, and is easily accessible via most main and secondary routes, including the M1 highway and Jan Smuts Avenue.

Bath Avenue leads directly to the Rosebank Mall, which is situated 2 blocks away.Parkwood is well situated between the Johannesburg and Sandton business districts, and is surrounded by a number of prominent areas including Rosebank, Sandton, Hyde Park, Rosebank and Illovo.

The offices extend over an approximate GBA of 360 m², and offer quality finishes, and host 9 offices, a boardroom with entertainment area, reception area, a kitchen and ablution facilities. The offices are fully air-conditioned and feature 15 shade net parking bays, a 25 KVA generator, CCTV surveillance system, under-floor hearing, various patios and a courtyard.

Comments John Hislop of Auction Alliance, “The property’s prominent location within the Rosebank precinct, an area which has emerged as a highly sought after commercial node as a result of the opportunities presented by the Gautrain station, makes it ideal for the owner occupier seeking centrally situated and well-maintained office space”.

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

Last modified on Monday, 09 June 2014 10:52

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