In2assets, the national property marketing and auction company, proudly announces the sale of a substantial property portfolio with 18 lots from Telkom South Africa on 29th August 2024.
This significant auction event features a diverse array of high-end commercial and industrial properties, primarily seen as prime redevelopment opportunities, spread across five provinces in South Africa.
Prominent Block in Braamfontein. Corner of Harrison & De Korte Street, Johannesburg
Gauteng Province Sales Highlights
• 2 Frost Avenue Braamfontein Johannesburg – A prominent corner property with a footprint of 20 829m², ideal for a large-scale commercial development in a highly desirable area.
• Auckland Park, Johannesburg – A Multi-level Block with prime location and configuration.
• Germiston, Johannesburg - A 6 911m² service yard with various outbuildings situated in a traditional industrial area.
• Braamfontein & Johannesburg CBD – 2 Large administration blocks offering opportunities for administrative use.
• Randburg Johannesburg - A prime high-street property off Braam Fisher Drive, covering 16 670m², with immense redevelopment potential.
• Blackheath, Johannesburg - Near Cresta Shopping Centre and Blackheath Pavilion, this extraordinary 9 917m² standalone property is ideal for development.
• Pretoria - A vast 61 000m² property in a commercial precinct next to Montana Business Park, perfect for redevelopment with easy access to local amenities and the N1.
• Olifantsfontein - A significant 155 497m² piece of land located between OR Tambo International Airport and Pretoria.
Western Cape Highlights
• Cape Town CBD - Two multi-storey commercial blocks in prime locations. The first property is near international hotels and the Cape Town ICC and offers a GLA of 12 440m². The second property is at the corner of Loop and Bloem Street, and provides a GLA of 5 013m².
• Sand Industria Athlone Cape Town - A unique 2.1ha industrial property ideal for redevelopment into a multi-unit industrial business park or a standalone facility.
• Milnerton - The largest Western Cape property at 46 778m², known as the Telkom Centre for Learning, offering vast redevelopment potential.
Eastern Cape and Free State Highlights
Walmer Port Elizabeth Gqeberha - A 19 901m² prime corner site known as the Telkom Centre of Learning, located next to Walmer Park Shopping Centre.
Welkom - An iconic administration block with a floor space of 6 005m² and a property extent of 8 921m² with a tower.
KwaZulu-Natal Highlights
Durban Beachfront - A seven-floor administration block with a GBA of approximately 9 000m², most floors with sea views, ideal for residential conversion.
Durban Prime Locations – 2 Large development sites – one next to City View Shopping Mall (1.6289ha) and another in New Germany (109 193m²), both offering significant redevelopment opportunities.
Auction Details
The Telkom Portfolio Sale will take place on the 29th of August 2024. This event will be livestreamed, allowing bidders from around the globe to participate.
For more information and to register for the auction, please contact the In2assets Team on 0861 444 769 or email info@in2assets.com. The full listing can be viewed on their website https://www.in2assets.co.za/telkom2
About In2assets
In2assets is a leading national property marketing and auction company specializing in the sale of commercial, industrial, and residential properties across South Africa. With a strong focus on providing innovative auction solutions, In2assets is dedicated to connecting buyers with prime investment opportunities.
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