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Property
Description

Property Description

Most of the commercial activity in Alberton happens within the Ring Road, as you approach via vehicle from N12 highway most of the traffic follows on the Ring Road. From north to south Voortrekker road acts as the centre line or spine and carries specific and or much of the footfall. As a property with frontage to Voortrekker road due to the exposure they receive, these properties are in high demand.

These two properties are alongside each other on the eastern side of Voortrekker road with shop fronts facing Voortrekker road. 

The first or northerly (erf 967 portion 0) stand is +-4000m2 in size with a large yard (35% of total size) has ample parking, with despatch/delivery access controlled from Newquay Road. Retail tenants include Boston City College, Sleepmasters & Bradlows. 

The property below or on the southern side is erf 726 portion 0 and is 1983m2 in size. Although these erven can be sold separately access is currently through the above property, as they are owned by the same entity. Retail tenants in this building are Beares and Discount – furniture, electronic, and Home decor.

Net Annual Income = R2.55mil.

Info pack on request contains more details:

• Tenancy Schedule 

• Annual Budget 2021-year end

Area Description

Alberton, located on the East Rand, an area comprising of industrial, commercial, retail and residential property. Alberton lays claim to impressive industrial property such as warehouses and shopping centres. Commercial property like office blocks and office buildings are in central Alberton. Retail property in Alberton is of good quality. The area provides property solutions for investors, owner-occupiers and tenants. Alberton property caters for all types of budgets and offers an excellent environment for families. Alberton is situated within the East Rand of Gauteng and is within 20 minutes of the city centre

PROPERTY TYPE:
Commercial

PROPERTY ADDRESS:
4 Newquay Road , New Redruth - Property Ref: F107061, 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: 6000m2 | GBA: 5158m2

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