Extent: ± 1 667 m² | GBA: ± 3 095 m² | 4 Storey building | Large open space for storage | Partitioned offices throughout each floor | Reception area, goods lift | Basement parking | Zoning: Educational | Communication Tower: The purchaser is compelled to enter into an Occupation & Use Agreement with Swiftnet SOC Limited for an indefinite period at R4,500.00 ex vat per month
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 functions as a telecommunications exchange and service centre located on a rectangular, fully paved stand. The primary structure is a substantial three-storey building with an additional basement level, constructed from durable face brick, and capped with a flat concrete roof.
The site is enclosed by a combination of brick and precast concrete walls, securing the premises with a steel access gate. Additional site improvements include a small, single-room guard house at the entrance, providing oversight for access control, and a steel-roofed carport that can accommodate up to four vehicles. Open parking is also available to support additional vehicular needs.
Property Location
This property is located at 8 Polly Street in City and Suburban, Johannesburg, on Portion 1 of Erf 1158 City & Suburban. City and Suburban is part of Johannesburg’s vibrant central district, bordered by key areas like Marshalltown and Jeppestown. The neighborhood benefits from excellent access to major transportation routes, including the M2 highway, as well as Commissioner Street and Main Street, which provide convenient links to various parts of the city. The area is also close to public transportation options, with the Johannesburg Park Station nearby, connecting it to rail and bus networks, making it highly accessible for commuters and visitors.
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.
