Aucor Property to auction Hanover Square in Edenvale

Posted On Wednesday, 11 March 2015 12:22 Published by
Rate this item
(1 Vote)

Aucor Property will hold its next multiple commercial auction in Johannesburg for 2015 at the Park Hyatt Hotel in Rosebank on the 17th of March 2015 at 12h00.

HanoverSquare

The auction will feature an array of commercial, industrial and retail properties. Included in the lineup on the day is two multi-lettable office blocks situated in the heart of Edenvale. Luke Rebelo, Business Development Executive for Aucor Property comments, “Hanover Square comprises of 2 modern office blocks which is conveniently situated on the corner of 7th Avenue, Hendrik Potgieter Street and 8th Avenue in Edenvale.

The surrounding area features a mix of commercial and industrial properties with the area growing in popularity due to the close proximity to Van Riebeeck Avenue via Hendrik Potgieter street providing easy access to both the R24 and N3 highways. The property spans 2 erven with a total land extent of 2 966m2 and has a total GLA of 3166m2 for the two buildings combined.  The property is zoned for “Special” for offices as per the Ekurhuleni GIS.”

Each office block features two office levels and as well as a basement. The offices are accessed by a central lobby which divides the buildings into two wings. The current configuration in each of these buildings is for 4 tenants per block with the internal configuration of the buildings varying due to the dry-walled partitioning. Each floor also has kitchenettes and bathroom facilities. The basement parking areas include 4 storerooms, a central staircase, utility room and toilet.

The property has generous parking space with a total of 40 open bays and 76 basement bays. The property has good security and features perimeter electric fencing and motorised access gates. Rebelo concludes, “With its excellent location directly across the road from the Edenvale SARS office as well as the Department of Home Affairs and the demand for quality office space in this area the property is a solid investment for any portfolio.”

For more information on this property please contact Luke Rebelo on  072 493 2148 or visit www.aucorproperty.co.za.

Most Popular

One of Cape Town’s most iconic historic properties is for sale for the first time in many years.

Jan 16, 2025
Trovato House
Priced at R45 million thro ugh Pam Golding Properties, Trovato House is an impressive…

How to make your offer stand out in a competitive property market

Jan 16, 2025
If you’re looking to purchase a home in a sought-after suburb or estate, securing the…

The Cultural Blueprint: How to Make Your Office Not Just Look Good, But Feel Right

Jan 16, 2025
Jess Moyer Cushman & Wakefield BROLL
When it comes to designing office spaces, one size definitely does not fit all –…

Please publish modules in offcanvas position.