Property
Description
Property Description
An income-producing convenience centre known as Lilianton Centre, on the corner of Main Reef Road and Field Road in Boksburg, serving the surrounding community and nearby informal settlement with a focused range of everyday goods and services. Centres of this kind play an essential role in township environments, where many residents lack private transport and rely on walkable access to retail amenities. The centre comprises an L-shaped retail structure with pedestrian walkways leading to the shopfronts, most of which trade outward toward the open parking areas. In total, 14 shops are accommodated across the two erven, including a filling station and a gas depot; the gas depot supplies LPG as well as wholesale diesel and paraffin. Shop units follow standard retail specifications, with tiled or screeded floors, aluminium shopfronts and grid-inlay ceilings, and communal restrooms are positioned centrally within the complex. Full access to all shops could not be obtained at inspection due to tenant restrictions. The property is zoned Business 2 with a floor area ratio of 1.2, 60% coverage and a two-storey height allowance, and carries 4 661m² of gross lettable area.
Features
Zoning: Business 2
Erf size: 6 499m² (shops accommodated across two erven - see note)
GLA: 4 661m²
Floor area ratio (FAR): 1.2
Coverage: 60%
Height: 2 storeys
14 Shops in total across the two erven
L-shaped retail structure with pedestrian walkways to the shopfronts
Shopfronts trading outward toward open parking areas
Shop units with tiled or screeded floors, aluminium shopfronts and grid-inlay ceilings
Communal restrooms positioned centrally within the complex
Sasol filling station with 5 pumps
Gas depot supplying LPG, wholesale diesel and paraffin
Convenience store
Car wash
Tank compliance certificate: Yes
Environmental compliance: Yes
Monthly gross income: R 610 615
Monthly expenses: R 380 338
Monthly net operating income: R 230 277
Annual gross income: R 7 327 385
Annual expenses: R 4 564 055
Annual net operating income: R 2 763 330
Area Description
Lilianton is an established suburb on the western side of Boksburg, within the City of Ekurhuleni Metropolitan Municipality, lying along the Main Reef Road corridor that runs the length of the Witwatersrand goldfields and connects Germiston, Boksburg and Benoni. The area carries a mix of older residential housing, light industrial premises and roadside commercial activity, and it adjoins Witfield, Angelo and Reiger Park as well as nearby informal settlements, giving convenience retail on this corner a large walk-in catchment. Main Reef Road and Field Road together carry substantial passing traffic, which supports both the retail centre and the filling station. Larger regional shopping is concentrated at East Rand Mall, East Point and East Rand Retail Park, roughly three kilometres to the north-east, and Tambo Memorial Hospital serves the area to the south-east. Main Reef Road, North Rand Road and Rietfontein Road feed onto the N12 and the R21, linking the property to Germiston, Kempton Park and OR Tambo International Airport.
Area Amenities
Angel Wings pre-school, Lilianton - 1.2 km
Didaskos Akademie, Witfield - 1.5 km
Balmoral College - 1.6 km
Aspiration Academic, Witfield - 1.7 km
Boksburg Christian Academy - 1.8 km