Kyalami and Bruma properties top the sale bill
COMMERCIAL properties in Kyalami and Bruma “with much potential and value” will be among the major attractions at Broll Auctions & Sales’ multi-property auction at The Wanderers Club in Illovo on Wednesday at 12 noon.
Broll says the reserve prices for both should be “completely achievable” particularly because of the premises’ immense potential for owner-occupation.
The property in Kyalami Business Park comprises a triple-storey office building with 2 205m2 of gross lettable area (GLA) and views over Kyalami Race Track.
A Vodacom cell tower lease in place provides added income.
The offices are suited to marketing, design, project management or architectural companies as they provide exposure facing the track, and are supported by the many businesses in the park and Waterfall Estate.
The building is close to highways and features top security.
The Bruma property offers quality B-grade offices at a below-market rate cost, impressive exposure, and easy access to the M1, N1 and Joburg CBD.
Call centres, government offices and multinationals are regarded as potential occupants. The five floors offer a GLA of more than 8 700m2 with 285 parking bays.
Set in landscaped gardens, it is close to Eastgate and Bedfordview shopping centres.
A “well-positioned” Newtown property with a GLA of 1 750m2 should also attract strong bidding.
For more details, call 087 700 8269 or 082 443 7731 or email firstname.lastname@example.org.