Commercial opportunity to be brought under the gavel

A unique commercial site will be brought under Auction Alliance’s gavel on Wednesday, February 15 at 12h00 during the next Commercial Multiple auction.

This multi purpose commercial site is located on 21 Riverbend Road in Hoogland, Fourways. The neighbourhood is characterised by various commercial properties and residential suburbs.

The accommodation details of the site include: three commercial mini-units hosting a work area, while two of them have bathrooms and rear access shutters.

There is a shed area that spans approximately 630sqm. The site also boasts an office complete with a separate kitchenette.

The site offers staff accommodation for two domestic workers. There is also a house that has been converted into a pub; it is a double-storey building that includes ablutions, a kitchen area and store rooms. The secure property has perimeter fencing on two sides and palisade fencing on one side.

All modern amenities are located in the general area and the site enjoys prime location in-between Northgate and Fourways Shopping Centres.

“This centrally located property allows for easy access to the surrounding suburbs and offers proximity to the labour force. It is ideal for light to medium industry,” remarks Sean Parsons of Auction Alliance.

The auction will take place on Wednesday, February 15 at 12h00 at the Hyatt Hotel, Rosebank.

Prime Heritage Site to fall under the gavel

Auction Alliance will be bringing a prime retail Heritage site under their hammer on January 26 at 12h00 during the next Commercial Multiple auction.

The triple storey building is centrally located in the CBD, with the main entrance located opposite the Carlton Centre at the Von Wielligh Street and Commissioner Street intersection. This prominent commercial area, which is a hub of retail, industrial and residential buildings, offers high foot traffic and is accessible via a number of major routes.

The property boasts a GLA of approximately 1305m² and a land extent of 250 m².
The retail portion of the building on the ground floor hosts seven tenants and offers additional rooms and storage areas. The upper two floors, which host multiple rooms, are currently vacant and perfect for redevelopment.

“The property’s prominent location within this precinct, together with the fact that the building lends itself to a variety of possible uses, makes it a highly lucrative investment opportunity”, comments Michael Sacks, Auction Alliance.

The auction will take place at 12h00 on January 26 at 17 Scott  Street, Waverley.

Entire building to fall under the gavel.

An entire, multi story building, situated within Doornfontein, will be auctioned by Auction Alliance during its upcoming Commercial Multiple auction to be held next Thursday January 26.

The property, situated at 5 Davies Street in Doornfontein is illegally occupied and presents an ideal residential conversion opportunity.

The building is situated within reach of various primary and secondary roads feeding from the M1 and M2 Freeways and its immediate area can be characterised by predominately retail, industrial and residential properties.

The property extends over a GLA of 1616m² and comprises a 6 storey building with 5 of the floors similar in configuration and the top floor having additions for a caretaker and lift shaft. In addition there is a basement parking area and proposed plans for 9 parking bays.

Comments Michael Sacks of Auction Alliance, “Due to Doornfontein’s central position within Johannesburg’s inner city precinct, a large number of investors are acquiring property in the area. Furthermore,  the current status of the building and redevelopment potential offered by this property make it an excellent investment.”