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100A Kitzinger Ave, Brakpan, 1540, South Africa
  • | 18 Aug '22 |

Auction Details

  • Auction Date: 18 Aug '22
  • How to Bid: Onsite | Online | Phone
  • Auction Time: 12:30pm
  • Viewing Time: From 11:30am

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Property Overview

Auction ID: AC-001219_2208
  • Commercial
  • Property Type
  • 12300
  • Land m²
  • 7140

Property Location

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  • Street Address 100 Kitzinger Avenue, Brakpan

Property Features

The property consists of 2 buildings:

  • The main building – massive warehouse with offices, previously tenanted by OK Bazaars. The main warehouse (which accommodated the General Merchandise and Supermarket plus a mezzanine office section) is 5 551m2 in size.
  • The secondary building has 10 retail shops and some storage space. Shops 1 to 10 are respectively 320m2, 127m2, 107m2, 139m2, 169m2, 118m2, 118m2, 118m2, 118m2, and 113m2 in size. The storage area is 142m2 in size.
  • Excellent natural lighting and ventilation.
  • The property is currently vacant and not generating any income.
  • The total monthly holding costs (rates & taxes, electricity, water, sewerage) of the property are currently around R30 700.
  • This property would be ideal for a business entity requiring some warehouse or storage space with offices and a retail outlet. Alternatively, it would be ideal for redevelopment.

Total size under roof:          7 140m2

Land size:                          12 300m2

Zoning:  Business 1

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Alex Pappas
  • Alex Pappas