Opportunity in Jo'burg 'fashion district'

Posted On Monday, 02 July 2007 02:00 Published by
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A commercial building in central Johannesburg, two Krugersdorp shopping centres and two north coast apartments will be among the lots on offer at the Bidline auction on July 5
29 June 2007

A commercial building in central Johannesburg, two Krugersdorp shopping centres and two north coast apartments will be among the lots on offer at the Bidline auction on July 5 at the Montecasino conference centre.

The seven-storey Johannesburg building (Main and Nugget streets), near the "fashion district", has a gross lettable area of 6930m and is 95% let. Tenants include textile companies with leases. Rental nets R60000 a month. Features are a 3,5-ton goods lift and basement parking.

Two shopping centres in Krugersdorp (Market and Human streets and Kruger and Burger streets) are in a "popular trading district". Gross lettable areas are 2800m and 2500m.

On offer in Krugersdorp North are three residential properties on De Wet Street. The properties are described as suitable for a 30-room hotel or 16 cluster houses.

A blue-chip apartment, consisting of four bedrooms (main en suite), is for sale in Barrington in Ballito. The 186m garden simplex is close to the beach, offers 24-hour security, and has access to squash and tennis courts.

Another coastal apartment, at Shaka's Cove, has two bedrooms and an open-plan living area. It is in a popular holiday letting complex and is fully furnished and equipped. - Madden Cole

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Publisher: I-Net Bridge
Source: I-Net Bridge

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