TELKOM-000088 | SOLD

TELKOM PORTFOLIO: Multi-level Block

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    2024-08-29 11:00:00
    TELKOM PORTFOLIO: Multi-level Block

    TELKOM PORTFOLIO: Multi-level Block. 26 Lothbury Road, Auckland Park, Johannesburg

    Extent: ± 2 731 m² | GBA: ± 3 464 m² | Zoning: Special | Additional access via Auckland Avenue | 4 Storey office accommodation | Ground floor: 3 large storage rooms with roller shutter doors

    Auckland Park, Gauteng


    In2assets presents an unparalleled opportunity to acquire an outstanding positioned property.

    This unique corner property offers great potential for redevelopment.

    Prime Location
    Situated in a quiet residential area of Auckland Park but still close to shopping and sport facilities and the University of Johannesburg, the location allows quick access to all shopping amenities, schools and educational institutions.

    Improvements
    The property consists of a solid multi-level structure with a combined floorspace of 3476 m2 previously used as a service and transmission hub by Telkom.
    The property is fully fenced and offers ample parking space within a secure yard.

    Conclusion:
    This exceptional property represents a rare chance to acquire a prime potential commercial position in the sought-after residential suburb of Auckland Park. With its strategic location and the right vision, this property is poised to elevate the building to new heights.

    Please note that this description is based on preliminary information on hand and will be updated as new information on the property emerges.

    This property forms part of a National Telkom Portfolio. To view all properties within this portfolio, please download the catalogue or contact us on info@in2assets.com.
    Commercial Type:
    Commercial Building
    Web Reference:
    TELKOM-000088
    Final price:
    POA
    Address:
    26 Lothbury Road, Auckland Park, City of Johannesburg Metropolitan Municipality, Gauteng
    Auction Venue:
    Auction Venue to Follow
    Auction Date:
    29 August 2024 11:00 am



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

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