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Leondale – Investment Opportunity

CONTACT AGENT

Tumo Sejake
Expert Agent 081 436 3179 tumo@auctioninc.co.za 011 268 2681

CONTACT AGENT - 

Tumo Sejake | 
Expert Agent

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2018-10-27 11:30 2018-10-27 12:30 Africa/Johannesburg Auction for Leondale – Investment Opportunity Auction for Leondale – Investment Opportunity happening at 208 Klipspringer Avenue, Leondale, Germiston, Gauteng, 208 Klipspringer Avenue, Leondale, Germiston, Gauteng, Tumo Sejake tumo@auctioninc.co.za

Property Details

Property Type: commercial

ERF Size: 2727

Description

  • This neat and well-managed property comprises of a double storey building with 17 apartments, 12 retail shops, office block, car wash, ample parking space measuring 2727m² under roof.

Apartments:

  • The residential component of the building comprises 17 apartments developed on both levels of the building.
  • The 17 apartments are made of 8×2 bedroom units, 4×1 bedroom units and 5×1 bachelor units.
  • Each unit has kitchen, full bathroom and an open plan lounge.
  • All 17 units have access to a private parking area.
  • The units are accessed via a centralised staircase at the back of the building.Retail:
  • All retail shops are situated on the ground floor with street frontage.
  • The shops are currently on long and renewable lease agreement.Additional improvements:
  • There is an office with a reception, waiting area, boardroom, kitchen, full bathroom and main office measuring 160m².
  • An enclosed parking area with access control gate provides secure open parking for tenants.

Special note:

  • The property has been meticulously maintained and newly painted to keep maximum return.
  • Opposite the building, there is an enclosed car wash with a seating while the washing is taking place.
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Auction Details

Auction Address: 208 Klipspringer Avenue, Leondale Germiston Gauteng

Auction Date: 2018-10-27

Viewing Start Time: 11:30

Auction Start Time: 12:30

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