Headling the February auction event is a landmark commercial property located in the Johannesburg CBD. Spanning an entire city block on a stand that measures a generous 3 965m2, the Futura building is bound by Main Street, Polly Street, Fox Street and Mooi Street. The property has prime location near the Absa/Barclays precinct and is well serviced by primary roads that lead into and out of the City Centre. Furthermore easy access to the M2 highway is provided via Mooi Street. The property is surrounded by a mix of office buildings, high-rise residential flats, industrial properties and street front retail stores.

Sean Parsons, Business Development Executive for Aucor Property comments, "Futura House is a multi-purpose building that features 10 storeys of office space and retail space in addition to 6 basements. The GLA of the building excluding the 6 basement levels is 8 037m2. Whilst the property is currently used for commercial and retail purposes it does have good potential to be re-developed into a residential offering."

2 of the 6 basements are used for parking with an access ramp into the building located in Main Street and the exit ramp on Fox Street. In total the building has 191 parking bays of which 181 are covered parking and 10 are open visitors parking bays. The 4 lower basements are currently used to host air-conditioning equipment, water tanks, a septic tank and electrical equipment as well as storage space.

The ground floor features the main entrance foyer, a small office component and a large retail area which is currently occupied by Tiger Wheel & Tyre. The remainder of the building comprises office space with each floor hosting a common area, ablution facilities, 5 lifts, an internal staircase and a fire escape. Most office areas have power skirting and vary in configuration however partitioning is mostly by means of dry walling and is therefore easy reconfigure if required.

Parsons concludes, "We have seen a high demand in the Johannesburg CBD over the last 18 months with companies wanting to relocate back into the area due to the easy access and prime location of the area as well as the fact that there is much rejuvenation taking place. This property would suit either a savvy investor or an owner occupier looking to create a base in southern Africa's hub of business."

Aucor Property, the stand-alone division of the Aucor Group, SA’s leading authority on asset acquisition and disposal is at the forefront of the real estate auction industry and is able to bring clients a diverse range of quality commercial, industrial, retail and residential property all supported by a dedicated and experiences team who will manage the entire sales, marketing and purchase process to ensure results.