Aucor's August Auctions

Posted On Wednesday, 01 August 2012 09:53 Published by eProp Commercial Property News
Rate this item
(0 votes)

Following well attended auctions in both Johannesburg and Cape Town last week, Aucor Property has announced that its next multiple auction featuring numerous industrial and retail investments will be held in Johannesburg on the 14th of August 2012 at 11h00 at the Park Hyatt Hotel in Rosebank

Mark KleynhansMark Kleynhans, Director of Aucor Property comments “With 3 commercial and residential auctions under our belt, the Aucor Property team is settling into the market and based on the positive feedback to date and the number of enquiries from both buyers and sellers in Gauteng and in the Western Cape we can see that the market has confidence in both selling and buying property using the auction platform and the results that it brings.

With the current rate cut and the demand for good quality commercial, industrial and retail stock we fully expect to see a turnout of qualified buyers looking for the right properties on the day.”

The auction on the 14th of August in Gauteng will see 18 lots for sale on the day. Some of the featured properties include:

74 THE STRAIGHT STREET, LONE HILL EXT 83, JOHANNESBURG
Located on the corner of Forest and The Straight Street in Lone Hill Extension 83 in the heart of the Fourways Business node, unit No. 2 of the Sectional Scheme Corner on The Straight is 2 storeys and 507m2 in size. The Corner on the Straight is a sectional title development comprising of two Buildings, namely Buildings 1 and 2.

The Scheme comprises of twelve sections with a total registered area of 6415m². The registered areas of the different sections range from 115m² to 2062m². The Scheme also features a basement which is used as parking and store rooms. Unit no 2 is zoned for Business 4 and includes parking No.P14, P15, P16, P17, P51 and storerooms ST7 and ST8 forming part of the common property.

The Scheme is adjacent to the Gantry and Pineslopes Shopping Centre as well as a number of other popular home décor retail outlets and is therefore well suited to its current use. The Scheme enjoys good vehicular access on the southern side of the Scheme off Straight Street.

Other major commercial developments in the surrounding areas include Cedar Square, Fourways Crossing Shopping Centre, Fourways Mall, Fourways Value Mart, Pineslopes Centre and Montecasino gaming and entertainment centre. In addition to this, the area has an abundance of major office developments and high-density urban residential developments.

Unit no 2 is a well maintained triple volume retail unit. The unit follows a square like shape with an open plan style layout. A large rectangular mezzanine floor is located at the rear end of the unit.

There is also a small display area located above the entrance of the unit which can be accessed from the mezzanine floor via a steel bridge.

The unit also features a bathroom and kitchenette, together with a separate storeroom which is under the staircase.
The subject property is currently occupied by Mias, but will be sold with vacant occupation.

6 JACOBS STREET, CHAMDOR, KRUGERSDORP
6 Jacobs Street is located in the heart of the Industrial node of Chamdor on the West Rand, and is approximately 8km south-east of Krugersdorp CBD. The general area is an established industrial suburb that comprises a mixture of medium and large sized buildings of various industries. Nearby suburbs include Mindalore, Witpoortjie with Kagiso to the south of Chamdor.

The area is accessible via Chamdor Road which is the main arterial connecting road to Ontdekkers Road. Access to the subject property from Ontdekkers Road is via Chamdor/Adcock Road, then into Jacobs Street.

6 Jacobs Street features two factory buildings with offices situated on an erf size of 1.6495 hectares. The total GLA is 9365m2 and the property is zoned for industrial 2. The factory buildings both offer high ceilings (±7m).

The eastern factory building is the largest with a GLA of 4497m2 and office area of 55m2. This building houses a double storey production office, factory areas and a pump house.

The western factory building has a GLA of 3183m2 and houses 2 mezzanines measuring 379m2, factory areas and a storage area on the eastern side of the building. Both buildings have high roller shutter access areas.

The office building is double storey and boasts a reception area, offices, board rooms, kitchens, ablutions, 4 strong rooms and a server room. This building also has various air-conditioning units.

In addition to this, there are various ancillary buildings which include ablution/worker blocks, stores, a guard house and a water treatment building with water reservoir.

The property has ample parking facilities including 12 IBR covered parking bays, 22 shade net parking bays and 7 open parking bays. The property is secure and in addition to the guard house facilities the property has an alarm system and motorised access gate.

The property is currently owner occupied.

38 VAN ECK STREET CHAMDOR, KRUGERSDORP
38 van Eck Street is situated on an erf measuring 2.0556 Hectares. With a total GLA of 11 352m2, 38 van Eck Street features a main factory building, an additional factory/warehouse building at the rear of the property, a main office building and a small office building at the rear as well as a guard house.

The factory/warehouse buildings are divided into sections by means of metal cladding or fencing.
The main factory/warehouse building is divided into 4 sections. Internally at the front of the building, there is gantry crane (marked 2 x 2.5T) which services the main 3 sections.

The 3 main sections are accessible via roller shutter doors with an additional ramp provided for through the office building. The 4th rear section is below ground level of the 3 main sections.

The rear factory building is divided into 2 sections with a small adjoining office building. The office building is partly double storey which offices, ablutions and a ramp located on the upper ground floor and store rooms on the lower ground floor. The offices host various air-conditioners

In addition to this, the property also features a double raised loading area for access into the far 3rd section of main building; a concrete open storage area; concrete paved circulation areas and 2 cameras being a single camera on each entrance.
The property currently has a lease for 350m² storage space which is due to expire 30 September 2012.

19 BUSSING ROAD, AUREUS, RANDFONTEIN
19 Bussing Road is located in the industrial suburb known as Aureus approximately 2.2km south-west of Randfontein. The general area is an established industrial suburb. Aureus is accessible via an established network of roads with the R28 (Main Reef Road) being the main area connecting road. Access to the subject property from the R28 is via the R 559 and into Bussing Road.

The property has a GLA of 4342m2 and features 4 interconnected factory buildings situated on 1.4361 hectares with zoning for Industrial 2. In addition to this the property has an office component and a guard house. 

The factory buildings are accessible via multiple roller shutter doors and internal ramps with concrete flooring. The factory space further features ablutions, dry walled office sections and a mezzanine level. The offices have a reception area, 7 individual offices, a kitchenette, ablutions, walk-in safe and a board room area with a built-in bar.

The rear of the factories can be accessed via a side way with ample area for truck circulation. Additional property features include upgraded 3 phase electricity; 2 motorised access gates with the one being extra wide to accommodate trucks and 2 cameras.

Last modified on Friday, 30 May 2014 15:31

Most Popular

Mall of Africa Celebrates Launch of New Generation Pick n Pay Store

Sep 23, 2019
 MOA PNP  1
Today Mall of Africa welcomed one of South Africa's biggest grocery retailers to the…

Exemplar REITail Acquires Katale Square Shopping Centre

Sep 23, 2019
 JASON MCCORMICK
Real estate investment trust, Exemplar REITail, has acquired Katale Square shopping…

Grit Real Estate financial results for the year-ended 30 June 2019

Sep 30, 2019
 BRONWNY CORBETT
London Stock Exchange listed Grit, the only listed Africa-focused income distribution…

4AX listed Heartwood Properties reveals positive financial results

Sep 23, 2019
 JOHN WHALL
Commercial property development company, Heartwood Properties , has revealed a 30%…

Reserve Bank keeps repo rate unchanged

Sep 23, 2019
 LESETJA KGANYAGO
 South African Reserve Bank Governor Lesetja Kganyago on Thursday said this is in line…

Please publish modules in offcanvas position.