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Lakefield – Fully Let Office Park

CONTACT AGENT

Kyle Onay
Expert Agent 084 911 8119 kyle@auctioninc.co.za 011 268 2681

CONTACT AGENT - 

Kyle Onay | 
Expert Agent

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2018-09-05 11:00 2018-09-05 12:00 Africa/Johannesburg Auction for Lakefield – Fully Let Office Park Auction for Lakefield – Fully Let Office Park happening at 33 Lakefield Avenue, Lakefield, Benoni, Gauteng, 33 Lakefield Avenue, Lakefield, Benoni, Gauteng, Kyle Onay kyle@auctioninc.co.za

Property Details

Property Type: residential

Description

Going On Auction: Wednesday 5th September @ 12:00 Noon
Registration Starts @ 11:00 am
Auction Venue: 1st Floor Masingita House | 41 West Street, Houghton Estate
This fully let office park is situated on a busy main road on Lakefield Benoni and is situated within close proximity to highways and all major amenities (directly opposite Planet Fitness).

The property is fully let. The property has a triple net head lease over the property.

Property specifics:

GLA: 1290m2

Net annual income: R1 080 000

Lease term: 5 years

Status of leasing: Fully let

Age of building: Under 3 months ( recently built)

Anticipated selling yield: 9-12%

Auction Date: 29 May @ 12:00

Opening Bid R6m

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Auction Details

Auction Address: Masingita House, 41 West Street Houghton Estate Gauteng

Auction Date: 2018-09-05

Viewing Start Time: 11:00

Auction Start Time: 12:00

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