Versatile Commercial Opportunity

Versatile Commercial Opportunity

AUCT-001130 | On Auction

3 5th Avenue, Rivonia, Sandton, Gauteng


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Versatile Commercial Cluster. 3 5th Avenue, Rivonia, Sandton

Extent: ± 2 009 m² | Potential office use | Potential for multiple tenants | Ample onsite parking

This well-presented property is situated at 3 5th Avenue within the suburb of Rivonia, Rivonia is an attractive and upbeat suburb of Johannesburg in the Sandton area. It is one of the most affluent residential and business suburbs of Johannesburg and regarded as the hub of startup IT companies. Rivonia is part of Sandton, which is known for its glitzy malls and fabulous eateries. The main road of Rivonia is home to some of the many acclaimed South African restaurants and exciting shops that are sure to keep dedicated shopaholics entertained for hours.

The property comprises of 3 buildings, A main house with 2 detached buildings. The property appears to have been a residential property which had been converted for use as a technical college.

The main building comprises of an upper and lower ground level. This building consists of five bedrooms (used as offices), study, kitchen, bar with fireplace, lounge & dining area, ablutions facilities and a study. The lower ground level also hosts an entertainment lounge with fireplace. This building also has an outside storage area.

The 2 detached building are both double storey. The ground floor of the first detached building comprises of a boardroom and storeroom. The first floor consists of a reception area with 2 rooms (used as lecture rooms), a general bathroom and attic storage area.

The 2nd detached building is made up of a boardroom with storage room on the ground floor. The first floor comprises an open plan lounge and kitchenette, 1 bedroom (used a lecture room), separate toilet and bathroom.

Access to the property is via 5th Avenue via an automated sliding gate. Yard improvements include fencing on all boundaries and paved yard areas which provide for ample parking. Rivonia can be described as a vibrant hub of homes, businesses, malls, museums and entertainment. This makes it a convenient base for your time in Gauteng because it is centrally situated and well connected to the rest of Johannesburg and Pretoria via the network of highways and roads.

Rivonia Boulevard is the main retail hub in the suburb and is home to many of the shopping complexes and stores. Malls like Rivonia Village and Oriental City which have an array of stores – from international labels and franchises to more specialised boutiques, where one-of-a-kind creations can be found.

Commercial Type:
Commercial Building
Web Reference:
AUCT-001130
List price:
POA
Address:
3 5th Avenue, Rivonia, Sandton, Gauteng
Auction Venue:
Royal Johannesburg & Kensington Golf Club
1 Fairway Avenue
Linksfield
Johannesburg
Gauteng
Auction Date:
27 November 2019 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50,000.00 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required
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Auction Date: 27 November 2019 11:00 am

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