In2assets will be auctioning a residential development opportunity in Randburg and warehousing with offices in Krugersdorp on June 22. The live, as well as online, sale will be held at Mount Edgecombe Country Club.
89 Hill Street, Ferndale, measures 2 368m². There are two separate buildings on the property with plenty of parking available. It has an access gate and electric fencing on the perimeter. The property has easy access to the freeway and amenities.
“This versatile property has a fantastic location along Hill Street with near direct access to the busy Malibongwe Drive.
“The property was previously occupied by a training and recruitment business, however, it has much to offer and is suitable for multiple businesses or could be converted into a residential development.
“The property’s central location is nearby to restaurants, gyms and shopping centres and offers a unique conversion opportunity to residential units. The property has recently been rezoned to allow for this,” says Ross Cronje, who is handling the sale.
The property at 30 Fransen Street, Chamdor Extension 1, comprise a double storey office block and two industrial-type warehouses. The warehouses have large swing or roller-shutter gates for vehicle access and on/off loading directly into the buildings. They have concrete floors and one of them has a 5-ton overhead crane.
Chamdor is an industrial area on the outskirts of the Krugersdorp CBD close to public transport such as Buses, taxis and trains and the R24 and R28 which link to the N14.
Amenities and public services such as police station, fire department, hospitals and municipal offices are close by.
Bids can be submitted remotely via the In2assets online bidding platform https://auctions.in2assets.co.za accessible from PC or by downloading the In2assets App from the Google Play Store or App Store.
For more information, contact Ross Cronje at 0829239277 or [email protected]