Property hunter spoilt for choice
The High Street Auction Company’s property auction in Hyde Park will offer properties in Gauteng and KwaZulu-Natal.
The High Street Auction Company’s property auction in Hyde Park on Wednesday will offer properties in Gauteng and KwaZulu-Natal including a 62-unit residential block in Pietermaritzburg; 13 stands in Kungwini Country Estate, Bronkhorstspruit Dam; an olive farm at Modimolle in Limpopo province; and a luxury four-bedroom apartment at Shaka’s Rock.
Other properties coming under the hammer are:
n A block of 17 flats on Tyrwhitt Avenue in Rosebank with 289m² extra bulk available.
n Chelsea Office Park, which has five office blocks and a gross lettable area of 2,793m² on a stand of 8,900m² at 57 Wessels Road Rivonia.
n A Corlett Drive redevelopment opportunity of stands with 3,866m² and 5,000m² bulk available.
n Sectional title offices, Unit 11 SS Randpark at 348 Oak Avenue Ferndale with a gross lettable area of 500m², gross annual income of R457,047 (projected) and 13 allocated parking bays 50% let. A threeyear lease is in place. There are numerous offices, two boardrooms, two server rooms, a storeroom and kitchen.
n A workshop and showroom with gross lettable area of 670m² on an 828m² stand at 60 Second Street, Springs. Close to the N17 and Carnival City.
n A corporate disposal of a partially let five-storey building, Absa Towers with a gross lettable area of 3,668m² on a stand of 5,761m² at 34 FW Beyers Street, Vanderbijlpark.
n Liquidation sale of factory and offices at 27 Meyer Street Meyerton. Stand size 7,003m² and gross lettable area 2,172m². Sale includes gantry cranes and large yard.
n Corporate disposal of factory and offices on 1,350m² corner stand and a gross lettable area of 950m² at 39 Loper Street, Aeroport. To be sold with vacant occupation.
n Fully let mixed-use five- storey residential and industrial building with gross lettable area of 2,000m² at 25 Pioneer Road, Fordsburg.
n Ten stands ranging from 938m² to 1,098m² at Boardwalk Meander Estate, corner Gallery Boulevard and Olympus Drive. Club on estate offers tennis and squash courts, pools and a lake.
n Corporate disposal of a 32m² open-plan bachelor unit with one bathroom and potential gross annual income of R49,200 at 1003 Isibaya House corner of Anderson and Simmonds Streets, Marshalltown.
n An industrial complex at 20 Sharland Road, Driehoek, on a 4,897m² stand with gross lettable area of 3,534m² comprising four face-brick units. Each unit has an office component.
n Retail centre of seven line shops with a projected gross annual income of R913,819 and total gross lettable area of 737m² on Oak Avenue, Kempton Park.