Retail & Hospitality Property News South Africa

Aucor Property to hold multiple auctions in Joburg

Aucor Property has announced that its September multiple auction will be held in Joburg on 20 September 2012, at the Park Hyatt Hotel, Rosebank. The auction will start at 1pm.
Aucor Property to hold multiple auctions in Joburg

Properties to come under the hammer include:

  • 34, Kindon Road, Robertsham, Joburg
  • Located at the heart of the bustling industrial node of Robertsham, south-west of the Joburg CBD, 34 Kindon Road comprises seven adjacent stands that feature a number of large, mainly double- or triple-volume factories and warehousing (there are also some single-volume constructions) that are being rented to multiple tenants.

    Robertsham industrial area is developed around a mine dump, which serves as a buffer to surrounding residential nodes. The suburb is well served by an established road network with majority arterial roads such as Xavier Street, Klipriver Drive and Rifle Range Road, linking the southern suburbs with the Joburg CBD. The M2 motorway is situated to the west whilst the N17 motorway is located to the south of Robertsham. The property enjoys some visual exposure to vehicular traffic as it is situated on a secondary arterial.

    The property also features good-quality double- and triple-storey C-grade offices. This 12 488m2 property's various buildings straddle across six stands and there are three access gates into Kindon Road.

    Factories comprise steel portal frame constructions under IBR long span sheets. Side walls are cladded with IBR sheeting and floors consist of reinforced floated concrete slabs. Ample natural lighting is available to most of the factories and access into the buildings is mainly by means of industrial type steel sliding doors.

    There are a number of Demag and Condra single- and double-girder overhead travelling cranes with various lifting capacities (ranging between 1 ton and 30 tons). There are also a number of swinging cranes.

    The property is zoned for industrial 1 and currently has 8 leases in place.

  • 36, Van Riebeeck Avenue, Edenvale
  • 36, Van Riebeeck Avenue is located in the centre of the Edenvale CBD, which enjoys high traffic volumes, good main road exposure and the benefit of being surrounded by well-established businesses. Edenvale is easily accessible via a network of main arterial routes that allow easy access to all surrounding suburbs. This includes the R24 and N12 highways.

    This property is a double-storey retail building that is zoned for Business 1. The ground floor comprises two separate large retail stores with ablution and office areas. The first floor consists of two separate parts: a restaurant with a terrace area, and storage and ablution facilities, which service the retail store on the ground floor, accessed by means of a staircase at the back of the store.

    The restaurant has been customised for its use with a sitting area, ablution and industrial kitchen (limited fixtures). The restaurant is accessed by means of a separate staircase on the side of the building.

    In addition, the property offers ample open parking bays in front of the building.

    For information on these and other properties go to www.aucor.com or contact one of the Aucor Property Brokers on +27 (0) 861 2828 46.

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