Filling station and gas depot in Springs to fall under the auctioneer’s gavel

Posted On Tuesday, 05 July 2011 02:00 Published by eProp Commercial Property News
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A filling station and gas depot in Geduld, Springs, will be brought to auction by Auction Alliance during its upcoming Commercial Multiple auction to be held on July 26.

Property-Housing-ResidentialGeduld Extension is situated on the western periphery of Springs on the East Rand. The suburb consists of a small light industrial and business node, with direct access onto the N12 Highway. 

The property is prominently situated just off Paul Kruger Street, which is the direct link onto the N12 Witbank/Johannesburg.

The property has a land size of 2086m². The sale includes the operational Engen Filling station, as well as the Gas Depot. The business pumps around 105,000 litres and approximately 30,000kg’s of Gas, with the convenience store also having a healthy turnover.

Comments Warren Aronson of Auction Alliance, “this acquisition is a great opportunity for the owner occupier or investor, to acquire a solid property, with a highly profitable business”.

Last modified on Wednesday, 11 June 2014 13:14
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