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Property
Description

Property Description

This standalone Shoprite centre occupies +-50% of the 1.2ha corner site in the Brakpan CBD, the other half is a dedicated parking area. The premises is in a prime location within walking distance of the Brakpan municipality, Magistrates Court, Methodist Church, and across the road from the local Fire Station and Licencing Dept. The property is well maintained, has ample parking, offers customer convenience, and has a separate truck delivery area. There is currently no charge for parking. As well as Shoprite, being the anchor tenant, there are several other tenants which jointly satisfy the target market and customer demand. Pep cell, Rage, a biltong shop, fast foods (Pies) as well as a Capitec & Nedbank ATMs. 

Net Annual Income = R3.2mil.

Info pack on request contains more details:

• Tenancy Schedule 

• Annual Budget 2021-year end

Area Description

Brakpan, situated on the East Rand, an industrial node in Gauteng.  Brakpan boasts various light industrial applications such as distribution, logistics, and warehousing. Property development in Brakpan is on the rise, with various retail development projects under construction in Carnival City, Dalpark, and Van Eck Park. Brakpan provides property solutions for investors, owner-occupiers, sellers, and tenants offering large amounts of industrial property to let in Brakpan and plenty of industrial property for sale in Brakpan. A multitude of road networks contribute to the industrial success of Brakpan, the N17 runs through Brakpan and the N3 situated on the outskirts of Brakpan. An arterial road, the R21 runs through Brakpan making inner suburb commuting efficient. 

PROPERTY TYPE:
Commercial

PROPERTY ADDRESS:
103 Victoria Street , Brakpan - Property Ref: F107062, Ekurhuleni, Gauteng

AUCTION ADDRESS:
Masingita House , 41 West Street, Houghton Estate , Johannesburg , Gauteng

AUCTION DATE:
2021-05-26

AUCTION START TIME:
12:00

KEY FEATURES

ERF SIZE: 12000m2 | GBA: 6954m2

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