"It is undoubtedly one of the most interesting properties on offer," says Mark Kleynhans of Auction Alliance.

"It is a well-established and well-let neighbourhood convenience centre anchored by Woolworths Food. The balance of the line shops are a mix of hardware, hairdressing and restaurants, as well as offices on the first floor.

"What is unusual is that it's rare to find a well-let investment property of this calibre in the prevailing market. You just don't see many neighbourhood shopping centres anchored by Woolies. It's almost as rare as buying a farm in Eloff Street."

The centre is located on a busy intersection on the corner of Rabie and Republic roads.

Renovated offices and cottages at the corner of Jan Smuts and Loch avenues have an interesting history. The property dates back to when Parktown was the grandest residential suburb in SA. The offices form part of the original residence designed by Sir Herbert Baker.

"The complex offers a good opportunity for an owner/occupant, such as a firm of attorneys, architects or accountants looking for classy premises in a prime position. It is close to town and has adequate parking. The ancient cork oak tree on the property is protected in the title deed."

A retail centre on the corner of Rockey and De la Rey streets is described by Kleynhans as "a nice retail opportunity". The centre has a gross lettable area of 390m² and has a gross income of R137,965 a year.

"It is an ideal entry level for someone who wants to dip his toe in the property investment market, with four retail shops fully let and a convenience superette store as anchor tenant."

Also on offer is a warehouse and office space at 11 Lechwe Street, Corporate Park South, which has a gross lettable area of 2 241m² and a gross income of R864,000 a year.

"Corporate Park South is one of the well-established and sought-after commercial parks in Gauteng. It has done well from an investment and rental point of view. The building has interesting architectural features and offers a nice split between warehousing and offices," says Kleynhans.

An interesting proposition is an 800m² sectional title factory at 2 Hebel Road in Roodepoort Industrial Park. The property offers a special dispensation for the smelting of zinc and iron on the premises.

"There is still a lot of momentum being generated by large property auctions and investors still have a huge appetite for well-located quality investments," Kleynhans says.