A prominently situated commercial property in Braamfontein, comprising office, retail and accommodation, will be brought to auction during Auction Alliance’s Commercial Multiple auction to be held on July 26.
The property is situated on the De Korte and Melle Street intersection, a busy commercial strip, and enjoys excellent exposure to passing vehicle and pedestrian traffic.
The property hosts 2 buildings, each of which include ground floor retail accommodation and office space above. The first building extends over 2 stories, with retail accommodation on the ground floor and office space above.
The property also features a second double storey building to the rear, which includes ablution and storage facilities. The second building, a triple storey structure, includes a retail component on the ground floor and office, retail and storage facilities on the 2 upper floors.
Comments Michael Sacks of Auction Alliance, “With the overall perception of Johannesburg’s inner city areas changing significantly in recent years, Braamfontein has emerged as a prime investment area and rapidly transforming growth node”.
The auction takes place at 12pm at the Hilton Hotel, 138 Rivonia Road Sandton. For more information contact Michael Sacks on 082 825 2678 or email msacks@auction.co.za.
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