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NOT TO BE MISSED COMMERCIAL PROPERTIES HITTING THE AUCTION BLOCK THIS AUGUST…

AuctionInc will be taking 20 prime development and investment properties to auction.

Article image for NOT TO BE MISSED COMMERCIAL PROPERTIES HITTING THE AUCTION BLOCK THIS AUGUST…
Posted: 26 July 2022

The properties include multiple well-located retail and commercial development opportunities, fully let apartment blocks, offices, and high-end residential assets.

Highlights of the auction include:

Township Retail Development Land: The site is operated by Putco Busses and is strategically located in Shoshanguve within proximity to railway and taxi routes. The property measures 10Ha and is ripe for a retail development.

Soweto Development Land: This prime site is located alongside the N12 Highway and measures 5,4Ha. The property lends itself towards retail, industrial and residential development.

Other Development Land: Other development opportunities include residential zoned land in Port Shepstone with the potential to develop 58 clusters, prime res 4 land in Bedfordview and the Lombardy Bowls club situated in the Northern suburbs of Johannesburg.

Multiple Apartment Blocks: Multiple high yielding apartment blocks will be placed on offer ranging from 6 and 21 units in Bellevue,32 units in Roodeport and 45 units in Germiston. All apartment blocks offer astute investors an opportunity to acquire well maintained apartments blocks at above average yields.

Residential properties: Select high end residential properties hit the auction floor on the day including an upmarket home in Houghton and a 4,5 bed pristine residence in Ruimsig.

Other properties: Other properties to be auction on the day include prime offices in Rosebank, vacant offices in New Redruth and strategically located development opportunity in Sea Point Cape Town. To view all assets going on auction see link -https://www.auctioninc.co.za/auctions/multipropauction.aspx?aucID=931

The properties have been carefully selected and vetted to ensure that investors are given an opportunity to acquire properties that are in high demand and well-priced. According to AuctionInc CEO Ari Ben “we are excited to present the market with a unique selection of well-located assets in high demand investment nodes”.

The auction will take place on the 17th of August at the Killarney Country Club in Johannesburg. Visit www.auctioninc.co.za for more information.

 

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