Robertsham Retail and Industrial building on auction

Posted On Friday, 25 October 2013 14:36 Published by eProp Commercial Property News
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Aucor Property has announced that its next multiple auction will be held on the 12th of November at 12h00 at the Park Hyatt Hotel in Rosebank, featuring an array of 40 lots.

Cnr Lanston and Jasper Rd RobertshamThe auction will feature an array of 40 lots and is set to be one of the biggest the company will hold this year.

Headlining the retail and industrial sectors is a Multilevel retail and industrial building known as Lanston Corner which is located in Robertsham on the corners of Jasper, Lanston and Kindon Roads.

John Hislop, Business Development Executive for Aucor Property comments, " Lanston Corner is a newly renovated 4 storey building featuring a top floor mezzanine level. Currently the building is partially tenanted with anchor tenants including the Robertsham Post Office and London Pie. Due to the relatively new redevelopment new tenants have the opportunity to custom design their space requirements."

Situated in the well-established industrial node of Robertsham to the south of The Johannesburg CBD, this building is zoned for Industrial 1 on 3 erven measuring a total of 2577m2. The property enjoys easy access to the M1 and N2 highways and is further serviced by various primary and secondary arterials including Alamein and Webb Road, Kliprivier Drive and Xavier Street. The prime location means that the property benefits from the approximate 2000 vehicles passing by on a daily basis. Added to this is the development of the Rea Vaya Network, where the BRT will run along the Soweto Highway, the Pat Mbatha Bus and taxiway. The BRT stations are situated close to the Robertsham area.

Spread over 4 floors the building has a GLA of 6860m2 and offers a variety of configurations including 7 shop areas of varying sizes on the lower ground floor, 5 workshops or shops of varying sizes and configurations on the upper ground floor, 2 mini factory warehouses on the 1st floor and a large factory or warehouse space on the 2nd floor. The levels all have ablutions, storage areas and kitchenette facilities. The property also features 8 basement/lower ground floor parkings and 27 newly tarred street front parkings.

Hislop concludes, "It is not often that a building offering such diverse space options and such a generous GLA comes into the market in this established industrial node. With various tenants already in place, the property would be attractive to potential investors looking to grow their portfolio in the area."

For more information on this property please contact John Hislop on 083 265 6867 or visit www.aucorproperty.co.za

Last modified on Thursday, 29 May 2014 17:06

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