Parcel Of Industrial Properties Measuring ±3578m²

AUCT-001493 | On Auction

Parcel Of Industrial Properties Measuring ±3578m²

11,19,25 Angle Road, New Doornfontein, Johannesburg, Gauteng

PORTFOLIO DISPOSAL: Parcel Of Industrial Properties Measuring ±3578m². 11,19,25 Angle Road, New Doornfontein, Johannesburg

Extent: ±3578m² | Multiple tenants | Gross Annual Income: ±R1502 760 | Multiple properties forming one parcel sold collectively | Centrally located


Locality:
Johannesburg CBD, is one of the main business centres of Johannesburg. There are significant movements to revive the area. The subject property is located within the area of City and Suburban which is a suburb of Johannesburg. It lies just east of the City Centre. The area is comprised of both a residential and business area. The area that is currently the Central Business District has been the central area of Johannesburg nearly since its inception. Its central location in the city as well as careful planning led to it being chosen as the best location for residential and commercial development. City and Suburban is a thriving business node and offers a wide variety of services.

The subject property comprises multiple erfs but will be sold as one parcel. The sale forms part of a larger portfolio sale with similar style properties around City and Suburban. The properties are versatile in that they can remain in their current form but they offer massive redevelopment potential. The location of these properties are key and offer a variety of possible uses.

Commercial Type:
Industrial Property
Web Reference:
AUCT-001493
List price:
POA
Address:
11,19,25 Angle Road, New Doornfontein, Johannesburg, Gauteng
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe
Durban
KwaZulu Natal
Auction Date:
14 July 2021 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in


Auction Date: 14 July 2021 11:00:00am


Luke Hearn
                                                         In2assets Representative

Property Agent


Luke Hearn
071 351 8138
[email protected]


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