Sign up for our newsletter

Be the first to know about upcoming Auctions.

Please complete required fields.
Please enter a valid email address.

Time to next auction

0
:
0
:
0
:
0

Property
Description

Property Description

The Main Change office block is ideally located in the Maboneng precinct, on 18 Kruger Street, City, and Suburban. It is a mixed-use commercial building with a variety of retail and commercial businesses as tenants. The property has a GLA of 5268 m2. Neat and spacious office spaces available to let immediately in The Main Change. Mafadi Property Management occupies the 5th floor as one of the larger tenants in the property. There are public transport facilities that are easily accessible and nearby. The building connects easily to Albertina Sisulu Road, which links up to the N3 as well as Joe Slovo which links up to the M1 and M2 highway network system. PRIME INVESTMENT OPPORTUNITY!

Features

Office & Retail

Zoning - Commercial (Detail, in investor pack)

GLA 5268 m2

Vacant GLA 3610 m2 

5  Storeys 

Basement Parking - 26 Bays

40 Offices

7 Shops

Roof Top Restaurant (The Living Room)

Each Floor has its own communal, kitchen & lavatory 

24 Hrs Security with CCTV

2 Elevators in pristine condition

Current Net Rental R 106.758.91 p.m. ( @ 34% Occupancy)

Rates & Taxes R 39.184.24 p.m.

Water Recovery

Electricity Recovery

Fixed Charge Recovery

Sewerage Recovery

Waste Removal Recovery

Levies Recovery

Area Description

The suburbs of Johannesburg are officially[citation needed] demarcated areas within the City of Johannesburg Metropolitan Municipality , South Africa. As in other Commonwealth countries, the term suburb refers to a "neighbourhood", although the term has a somewhat stronger meaning[dubious – discuss] in South Africa as most (but not all) "suburbs" have legally recognised borders (see legal definition of township) and often (but not always) separate postal codes. The municipal functions for the area, such as municipal policing and social services, are still managed by the city government. Johannesburg, like many other boom towns, grew rapidly and with little planning, and thus the city covers an extremely large area. The main differences between the city's suburbs tend to be socioeconomic: The north is often associated with wealth due to areas such as Houghton, which boasts large properties and contained the residence of former president Nelson Mandela, and Sandton which has become an alternative business district and is referred to as 'Africa's richest square mile'. The South of Johannesburg is associated with poverty as many former townships fall within this area (orange Farm and Soweto). However, this north/south prejudice is too general as Johannesburg is becoming increasingly less economically segregated. Alexandra township, a low economic area, borders Sandton and the South boasts affluent areas such as the newly developed "Meyersdale Eco Estate" and "Eye Of Africa Golf Estate". Many people see themselves as being a resident of their suburb first and foremost to being a resident of Johannesburg secondarily

Amenities

BP Downtown Filling Station 0.17 km

Engen Minty's Of Market Street 0.35 km

Caltex T/A Caltex Downtown 0.66 km

Gautrain Parking 2.64 km

Gautrain Johannesburg Station 2.02 km

Zuzimpilo Clinic 1.72 km

Life New Kengzinton Clinic 1.83 km

Joburg Medical Centre 2.05 km

SAPS - Jeppe 0.27 km

Metropolitan - Johannesburg 1.79 km

Police Saps - Bank City 1.97 km

Little Roses Day Care and Pre School 0.10 km

Northview High School 0.06 km

Oakdale Secondary School 0.15 km

Jozi Mall 0.38 km

Shopping Centre 0.68 km

Lustre House Retail 0.93 km

Jeppe College 0.59 km

Metropolitan College 0.64 km

Islamic Study Centre 0.68 km

PROPERTY TYPE:
Commercial

PROPERTY ADDRESS:
The Main Change , 18 Kruger Street , City & Suburban - Property Ref: F107065, Johannesburg , Gauteng

AUCTION ADDRESS:
ONLINE ONLY

AUCTION DATE:
2021-05-27

AUCTION START TIME:
14:00

KEY FEATURES

ERF SIZE: 1240m2 | GBA: 5268m2

ENQUIRE NOW

Fill in your details below and we'll be in touch

Please complete the form field.
Input is not a valid email address!
Input is not a valid contact number

Sign up for our newsletter

Be the first to know about upcoming Auctions.

Please complete required fields.
Please enter a valid email address.

Copyright 2021 AuctionInc