Germiston Gem to be Auctioned

Aucor Property has announced that its next multiple Johannesburg auction will take place at the Maslow Hotel in Sandton on the 10th of April 2014. Buyers and interested parties must please take note that the auction will begin at 11h00 on the day. Amongst the properties to come under the hammer on the day is a warehouse facility located in the industrial node of Germiston on the corner Bevan Road & Arthur Blekley Street in Roodekop.

Jonathan Aitken, business Development Executive at Aucor Property comments, “This industrial warehousing facility which is zoned for commercial is located in the popular industrial node of Roodekop in Germiston and spans 4 erven with a total registered land size of 5.0675 Hectares. The property has multiple building on site making it versatile for buyers looking for a combination of warehousing and office space in one location.

The property features a double storey office building with two adjoining warehouse situated adjacent to the main entrance of the property. The smaller of the two warehouse has an adjoining sales office and extends into the main warehouse building with a training room. Furthermore, there is a separate double storey risk manager’s office with worker access control. The multiple warehouse buildings offer high to very high eave heights and smooth concrete flooring. In addition, there are two extension sheds next to the main warehouse building - one with a platform from the lower shed - as well as an adjoining sales office. The property has a machine shop which hosts 2 lean-to’s, an ablution block, store, gas store and an internal site office area. There are numerous sheds and lean-to’s of varying sizes, heights and construction type on the property.

The property has other features including a bar and entertainment building with an air-conditioned bar area and fire place, toilets and an outside braai area; railway siding office with adjoining ablutions; various carports; a cellular tower and vehicle service shed with an adjoining office or store.

Aitken concludes, ”The property is well maintained and is currently tenanted with multiple tenants all on medium term leases that expire between 2016 and 2017. The property currently generates R4 million annually making it an attractive and viable option for an investor looking for a stable property investment in an industrial node.”

For more information on this property, please contact Jonathan Aitken on 082 453 1119 or visit www.aucorproperty.co.za.

Article By:www.aucorproperty.co.za

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