The property will feature at the group's auction on April 25 at the Southern Sun Hotel, Grayston Drive, Sandton.

It has a triple net lease in place, expiring in February next year, and earns a monthly income of R90,859.

"Zoned special, perhaps one of the greatest attributes of this site is that it has the rights in place to develop a further 4940m? of bulk," said Auction Alliance's Helen Ward.

Constructed from facebrick, the property consists of a 1200m? lower-ground storage area with access via a 3,5m roller-shutter door, together with an open-plan showroom of 1200m?.

"Located on Republic Road ... the site provides an opportunity for investors requiring a showroom with high visibility to add to their property portfolios," Ward said.