Prime retail investment opportunity to fall under the gavel

Posted On Wednesday, 13 July 2011 02:00 Published by eProp Commercial Property News
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A retail property within the established residential suburb of Helikon Park, Randfontein, is set to fall under the hammer

Property-Housing-ResidentialThe property is situated at 8 Korhaan Road, on the corner of Kingfisher Drive, in Helikon Park, Randfontein. The property offers efficient access to the range of amenities available in both Helikon Park and Randfontein, and its corner position affords it with good exposure to passing traffic.

The single storey centre hosts a variety of line shops and extends over a GLA of approximately 600m². The property produces a gross annual income of R245, 400 and tenants include Pizza Perfect and the Post Office.
Comments Warren Aronson of Auction Alliance, “This property possesses huge potential and presents savvy investors with a solid, income generating investment opportunity”.

The auction takes place July 26 at 12pm at the Hilton Hotel, 138 Rivonia Road, Sandton.

Last modified on Wednesday, 11 June 2014 09:31

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