Lucrative industrial portfolio in excellent location to hit the auction floor

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Auction Exchange will be auctioning two adjacent, multi-tenanted warehouse properties on Jesmond and Buckingham with a GLA of ±4 045m² and ±3 926m² respectively. Auction Exchange will be auctioning two adjacent, multi-tenanted warehouse properties on Jesmond and Buckingham with a GLA of ±4 045m² and ±3 926m² respectively.

Spanning a mere few hundred hectares in the south of Johannesburg lies a unique industrial node called “Nancefield Industrial” with its very own municipal supply of gas, and excellent north-south and east-west access from the Golden Highway, N12 and N1.

Opening up some investment gems in this absolute gold mine is Auction Exchange when they bring to auction some of the most sought after industrial properties in the area. Diarise 15 August 2013 to ensure you reserve your paddle at this exciting commercial property disposal.

In Jesmond Avenue, with a stand size of ±6 062m² and a combined GLA of ± 3 745m2  are  two free-standing, double volume warehouses each with covered loading areas and roller shutter doors for ease of access. This property also has an additional office block.

There are a further two adjacent, multi-tenanted warehouse properties on Jesmond and Buckingham with a GLA of ±4 045m² and ±3 926m² respectively.

On the corner of Jesmond and Boundary is a prime vacant stand of ±4 031m² ideal for development.  The ease of access to this property, its size and zoning make it extremely attractive to potential bidders looking for a good return.

 An additional industrial site spanning Kimberley and Lythe Avenues holds an owner occupied warehouse as well as the foundations of a ± 6000m2 warehouse which burnt down.  The bricks and building material on site will be included in the sale. This site spans 2 Erven and the total extent is ± 8090m2 over both or ± 4045m2 for each stand respectively. The current GLA is ± 1271m2.

Lastly on Kimberley Avenue is a stand housing 2 owner occupied warehouses and a large storage area. The stand size is ± 2 023m2 with a GLA of ±1 416m².

Nancefield Industrial has good access to BRT routes from Eldorado Park, Soweto, Lenasia and Johannesburg CBD. The area is mostly built-up with vacant land being held by existing businesses for expansion. Demand for land is good and there is solid growth potential.
 
All the sites are prime property and expected to be snapped up quickly on the day of auction. Their ideal location, industrial zoning and proximity to a large, varied and skilled workforce in conjunction with reasonable property prices and rentals presents an opportunity to the established investor as well emerging businesses.

A full listing of the properties is available at www.auctionexchange.co.za


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Property Auction  |  Auction Exchange  |  Nancefield

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