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POA

Commercial Property On Auction in Melville

  • Floor Size 1 156 m²
  • AUCTION
  • NO TRANSFER DUTY
High Street Retail - On Auction 07 May 2025

Prime Investment Opportunity – Commercial Block with Exceptional Foot Traffic

This unique investment offers a total Gross Leasable Area (GLA) of approximately 1,156 m2 and sits on a double stand, making it a highly attractive prospect for investors. Currently operating as a fully functional commercial block, this property is generating impressive profits, presenting a rare opportunity for all potential investors.

Constructed with rendered brick, the building features full street-facing frontage, ensuring maximum visibility and exposure. The corner location is a standout feature, attracting high volumes of foot traffic and contributing to the block's profitability.

Currently configured to accommodate six restaurants, the space offers flexibility and can easily be adapted to suit a range of commercial needs, from retail stores to office spaces or other food-related...

Prime Investment Opportunity – Commercial Block with Exceptional Foot Traffic

This unique investment offers a total Gross Leasable Area (GLA) of approximately 1,156 m2 and sits on a double stand, making it a highly attractive prospect for investors. Currently operating as a fully functional commercial block, this property is generating impressive profits, presenting a rare opportunity for all potential investors.

Constructed with rendered brick, the building features full street-facing frontage, ensuring maximum visibility and exposure. The corner location is a standout feature, attracting high volumes of foot traffic and contributing to the block's profitability.

Currently configured to accommodate six restaurants, the space offers flexibility and can easily be adapted to suit a range of commercial needs, from retail stores to office spaces or other food-related ventures.

Key Features:

- Prime Corner Location: Maximizes exposure and foot traffic.

- Modern & Contemporary Finishes: Attractive, up-to-date design and materials.

- Multiple Separate Units: Flexible layout to meet various business needs.

- Ample On-Street Parking: Convenient parking for customers and tenants.

This fully operational commercial block offers immediate income potential and could be an ideal addition to your investment portfolio. Don’t miss out on this rare opportunity!

Listing number: P24-115831369, Image number: 1, Image
Listing number: P24-115831369, Image number: 2, Image
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Listing number: P24-115831369, Image number: 9, Image
Property Overview
Listing Number
115831369
Type of Property
Commercial Property
Street Address
Listing Date
07 April 2025
Erf Size
1 486 m²
Floor Size
1156 m²
No Transfer Duty
Yes
Backup Water
Borehole
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Auction Details

07 May 2025, 12:00
The Wanderers Golf Club, Rudd Road, Illovo Sandton
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