Johannesburg : 011 789 4375
Durban : 031 512 5005
Bloemfontein : 051 430 2300
Gqeberha (PE) : 041 011 0840

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Urgent Property Sale - Owner Occupier

Sole Mandate

Web Reference : 913


Address : 64 & 66 Eloff Street Extension
City : Johannesburg
Province : Gauteng

Contact : Khumbo 076 219 4063
Terms and Conditions : Click Here
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About
Erven 286 and 287 Village Deep
Total GLA: 4,556m
Use Zone: Industrial 2, Industrial, business & commercial purposes
The property comprises an older multi-storey workshop, store and office building located to the south of the Johannesburg CBD.

The property is currently multi-tenanted and per information received from the owners, the current tenants occupy various sections of the site:

Tenant Area Start Expire Rental Rate/m
No Doubt Importers 2,418m 1/3/2015 28/2/2022 R79,790 R33.00
Innovation Food Services 124m Monthly R3,575 R28.83
Peters Transport 602m Monthly R8,500 R14.12
Peters Storage 481m Monthly R9,000 R18.71
Roastery 234m Monthly R3,575 R15.28
Total R104,440
Average through rental R27.06/m

The main building comprises a multi-storey structure that is built over basement, ground, first, second and third floors. There is further a triple volume extension to the rear of the building.

In addition to the above areas, there is a vacant store / workshop area to the rear of the first floor and this area measures 392m. Given the location of this area within the building, it would prove difficult to let on the open market.

Internal accommodation comprises basement stores (with goods lift access), ground floor lift lobby, office, store/ workshop and rear triple volume workshop, first floor lift lobby, workshop and stores, second floor stores/ workshop and third floor good quality offices and showroom.
Accreditation:
  • Member of South African Institute of Auctioneers.
  • Member of National Auctioneers Association.
  • Member of Johannesburg Chamber of Commerce and Industry.
  • Member of Insitiute of Estate Agents of South Africa.
  • Level 2 Certificate in terms of the current BBBEE Framework.
  • Awarded Best Auctioneer 2018 and 2019 by Standard Bank.
  • Contact Details:
    Telephone : 011 789 4375
    Email : auctions@parkvillage.co.za

    Unit 10 Ferndale Mews North
    Corner Oak and Dover Road
    Ferndale, Randburg
    Gauteng