AUCT-002128 | On Auction

Retail Distribution Facility in Pretoria

Until Our Next Auction

2023-12-07 11:00:00
Retail Distribution Facility in Pretoria

Retail Distribution Property. 1136 Tibouchina Street, Montana Park, Pretoria, Gauteng

Extent: ± 6 007 m² | GBA: ± 1 165 m² | Former cold storage facility | Three phase power – 240 KVA | Excellent eaves heights (± 5m to 6m) | Located in high demand retail distribution and industrial node | Simple access to the N1 highway | Vacant occupation

Pretoria, Gauteng


This ideally located property is situated within a high retail demand node in the mixed-use suburb of Montana Park. The property enjoys simple access to the nearby N1 highway via the major Sefako Makgatho arterial, which link the node to the economic hubs in the greater Tshwane City and Gauteng City Region.

The immediate locality is characterized by a variety of light industrial and specialized/destination retail offerings, whilst the main neighbourhood retail centre, Zambezi Junction is also located in this node, making this a bustling retail hub. The neighbouring suburbs feature a mix of low-to-high density residential developments constituting the critical mass for the retail activity in the area.

The property was previously improved with two adjoining structures forming a high grade food processing, storage and distribution facility with the now removed structure having hosted an office and warehousing component.

The remaining building features multiple rooms of varying sizes that were previously utilized as cold rooms. The cold rooms varied in use from processing, to storage through to delivery/receiving, with the facility being optimized for the latter by way of dock levellers providing access to the facility from the yard. The internal walls and ceilings have been fitted with ISO Panels throughout. The area can be reconfigured to suit a variety of light industrial or destination retail uses.

The site features covered parking bays (by way of shade net carports) and is improved by way of interlock brick paving throughout. The property is accessible from two entrances located along Tibouchina and Tecomaria Road respectively.
Commercial Type:
Industrial Property
Web Reference:
AUCT-002128
List price:
POA
Address:
1136 Tibouchina Street, Montana Park, Pretoria, City of Tshwane Metropolitan Municipality, Gauteng
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
07 December 2023 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required.

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Nhlanhla Tshabalala
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Nhlanhla Tshabalala

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Nhlanhla@in2assets.com

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