TELKOM-000011 | On Auction

TELKOM PORTFOLIO: Multi-Storey Office Building

Corner of Market Road, Short Market Street & Main Road, Newlands, City of Johannesburg Metropolitan Municipality, Gauteng

TELKOM PORTFOLIO: Multi-Storey Office Building. Corner of Market Road, Short Market Street & Main Road, Newlands, Gauteng

Extent: ± 2 934 m² | GBA: ± 4 072 m² | Comprises offices, storerooms, kitchenette, boardroom, security and server rooms | Partially tenanted | Occupation/Use Agreement for the Communication tower at a rental of R4500.00 excluding VAT per month


This large multi-storey admin L - Shaped building situated in the Gauteng Province in a suburb known as Newlands. Property enjoys good access to the Main Road and also has good exposure to passing traffic. Ample onsite parking. Zoning is “Government” .

Adjoining and surrounding properties include a vacant erf, residential units and small retail shops.
The western side of the building comprises office accommodation which extends over 5-storeys. The office accommodation includes offices, bathrooms, a kitchenette, board room and storerooms.

The eastern side of the building comprises mostly server accommodation that can be utilized for further office accommodation. This section of the building extends only over 4-storeys as one storey offers double volume accommodation.

The property is fully fenced with a combination of precast and face brick boundary walls as well as a 30-strand electric fence located within a section of these boundary walls.

The property offers shade net carports as well as ample open parking bays.

A cellphone mast that provides communication services is located on the southwestern corner of the erf.

This property forms part of a national portfolio of Telkom & Gyro Properties. To view all properties within this portfolio, please download the catalogue or contact us on info@in2assets.com to obtain the full listing.

Commercial Type:
Mixed use Commercial
Web Reference:
TELKOM-000011
List price:
0
Address:
Corner of Market Road, Short Market Street & Main Road, Newlands, City of Johannesburg Metropolitan Municipality, Gauteng
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
22 August 2023 01:00 pm



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50,000.00 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in


Auction Date: 22 August 2023 13:00:00pm


In2assets Properties
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In2assets Properties
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