by In2assets  |   July 19, 2023

Commercial Property Telkom Portfolio Groblersdal

22 Hereford Street – 2041m² In2assets the national property company is selling a Commercial property in Groblersdal Mpumalanga, as part of a 49-property portfolio disposal on behalf of Telkom.


This subject retail and office type property enjoys very good exposure and is located on a corner stand, facing the main street through town, namely Hereford Street. This road also serves as the N11 highway, running north to south. The site is accessed from both Hereord Street and Kerk Street, with entrance gates facing both roads. The property is located in a precinct at the northern outskirts of the CBD, where it is surrounded by light industrial and retail type accommodation. 

The immediate vicinity is well-established, with outlets such as Tiger Wheel and Tyre, Tyremart, a filling station a café amongst others. The surrounding area shows a good level of demand, with low vacancy levels.

This fully fenced property, with a site extent of approximately 2041m² offers older type, single storey office accommodation, with a small workshop and storerooms. Large areas of the site stand undeveloped, allowing for ample parking space. The property is located on a corner stand, with exposure onto the main street through Groblersdal, at the northern outskirts of the CBD. 

The office component is located at the north – western corner of the stand, allowing for access directly from both Hereford and Church Streets. A small workshop is located behind the office building, while constructed storerooms are located at the south – eastern and north – eastern areas. 

The office building offers a reception area with teller counters and a back office, four offices, a kitchenette and a receiving area accessed by means of a roller shutter door. 

The workshop building consists of an open room with a small ablution area attached. Behind the workshop is a small, constructed storeroom. Located behind the small storeroom is an constructed building, accommodating ablution facilities, with two more, small storerooms, constructed from panels, located behind it. A guardhouse is located at the Church Street entrance.

No SG diagrams are available, but a Deeds Office enquiry does not indicate any servitudes over the property. 

As per our on-site measurements, the Gross Building Area measures approximately 460m², broken up as follows:

Main office block                    ±     187m² 

Workshop                               ±      56 m²

Office                                       ±    149 m²

Asbestos store 1                     ±        9 m²

Ablution                                 ±       22m²

Store 2                                    ±       15m²

Store 3                                    ±       15m²

Guardhouse                           ±        7m²

This property forms part of a multiple livestreamed auction which takes place on the 22nd of August 2023 at 13h00 with online bidding facilities. To find out more about the bidding process please email info@in2assets.com