by In2assets  |   July 12, 2023

Large Telkom property in Randfontein on Auction

As part of a Telkom portfolio of 50 properties nationwide, this property with a site extent of ± 17 131 m² will be for sale by Auction with In2assets the national property company.

The property is centrally located in Randfontein, which is a gold mining town located in the West Rand, Gauteng. It has direct access onto Fiat Street and enjoys good access onto Main Reef Road. Main Reef Road is one of the main Arterials through Randfontein and connects Krugersdorp with Vereeniging via Randfontein.

The property is located in a mainly industrial node known as Aureus. It mostly offers industrial properties with residential properties located in the northeastern corner of Aureus. Surrounding suburbs include Culemborg Park (north), Westerloor (east), Mohlakeng (south) and Helikon Park (west).

The property known as Portion 28 of the Farm Randfontein 247 IQ is situated in Fiat Street. 

Co-ordinates: -26.1940, 27.6987

The improvement on the property comprises of 3 single storey office buildings, ablutions, storerooms, an outbuilding, security room and ample on-site parking located on an agricultural zoned erf.

The property also offers a large undeveloped piece of land of approximately 6 240 m² located on the southern end of the property.

The property is fully fenced with a combination of precast concrete walls with barbed wire fitted on top. The property is also improved with brick paved areas. 

The property offers approximately 992 m² of office accommodation, with ample open parking space for office accommodation. One of the buildings was previously utilized as a post office. 

The property also offers the opportunity for further development on the large undeveloped piece of land. 

The auction will be held on the 22nd of August 2023 @ 13h00 online and livestreamed for bidders to participate from a place of their convenience. For more information WhatsApp In2assets on 0635001652 reference: Telkom 00014