TELKOM-000117 | On Auction

TELKOM PORTFOLIO: Expansive Building in Germiston

28 Gannet Street, Elspark, City of Ekurhuleni Metropolitan Municipality, Gauteng

TELKOM PORTFOLIO: Expansive Building in Germiston. 28 Gannet Street, Elspark, Germiston, Gauteng

Extent: ± 4 092 m² | GBA: ± 1 098 m² | Building 1: ± 938 m² - storage rooms, canteen and ablution | Building 2: ± 160 m² - Office, kitchen and ablutions | 2 Garages | Situated in residential node | Conversion or redevelopment potential | Zoning: Social Services


This property forms part of the 5th of December 2024 Telkom property portfolio auction sale and offers great potential for redevelopment

Property Highlights
The subject property was previously used as a Telkom exchange and service facility. It features two separate buildings situated on a rectangular-shaped stand. The stand is partially paved, with the remainder offering a landscaped garden lawn.
Building A: This is the main exchange building, constructed in an L-shape with face brick, steel window frames, and a flat metal roof. A significant portion of Building A provides double-volume accommodation, previously used for hosting telecommunications equipment and storage. The single-volume sections were used for storage, a canteen area, and ablution facilities. The interior includes brick walls that are plastered and painted, with vinyl tile flooring. The total area of Building A measures approximately 938 m².
Building B: This single-storey building, also constructed with face brick and steel window frames under a flat metal roof, serves as office space. It includes a small kitchenette, and the interior features plastered and painted brick walls with carpeted flooring. Attached to Building B is a double garage. The total area of Building B is approximately 160 m².
Additional Features: The property includes a telecommunication mast adjacent to Building A. It is fully enclosed with precast fencing and has two separate entrances: one leading to Building A and the other to Building B. There is also a Vodacom container adjacent to building A.

Property Location
Elspark is a residential suburb positioned to the southeast of the Germiston central business district, forming part of the Ekurhuleni Metropolitan Municipality in the Gauteng Province.

The area benefits from its strategic location near several major transportation routes, including the N17 highway and Heidelberg Road (R103), providing easy access to surrounding areas such as Boksburg, Alberton, and the broader Johannesburg region. Public transport options in Elspark include various minibus taxi routes and nearby railway stations, ensuring convenient connectivity for commuters.

Elspark is a well-established suburb characterized by a blend of residential, educational, and commercial developments. The suburb is close to essential amenities such as schools, shopping centers, and healthcare facilities. Notable nearby educational institutions include Elspark Primary School and Hoërskool Elspark, which contribute to the family-friendly nature of the area.

In recent years, Elspark has seen a steady growth in infrastructure and residential interest, owing to its suburban appeal combined with proximity to key commercial nodes in Germiston and Boksburg. The mixed-use nature of the area and its location within the larger Ekurhuleni region underscore its importance as a residential and logistical hub in the eastern part of Johannesburg.

Disclaimer
Please note that when this was published, there was very limited information on the property available. We will update the latest information as soon as we have gathered more details.

Commercial Type:
Mixed use Commercial
Web Reference:
TELKOM-000117
List price:
0
Address:
28 Gannet Street, Elspark, City of Ekurhuleni Metropolitan Municipality, Gauteng
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
05 December 2024 11:00 am



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

Bidding opens in


Auction Date: 05 December 2024 11:00:00am


Tom Hodgson
                                                         In2assets Representative

Property Agent


Tom Hodgson
Show number
thodgson@in2assets.com


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