Prime Cleveland Property to be auctioned

Posted On Tuesday, 28 January 2014 15:47 Published by eProp Commercial Property News
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Aucor Property is gearing up for its first auction of 2014 to be held at a brand new venue - The Maslow Hotel on the 11th of February 2014, starting at 12h00.

Mark KleynhansAn array of commercial and industrial properties will be on offer on the day including Jacobs House – a well maintained showroom, office and warehouse situated in the industrial hub of Cleveland.

John Hislop, Business Development Executive of Aucor Property comments, "Cleveland Road is a well-established industrial hub located in the east of Johannesburg with good access off the M2 highway as well as from surrounding suburbs including Denver, Kensington and Malvern East.

The area is also located in close proximity to the Geldenhuys interchange which provides access to numerous main highways transecting the node including the N3 and N12."

Jacobs House is a 3 storey building situated on the corner of Hospital and 30th Street. The property is zoned for Industrial 1 and spans 4 erven with a total erf size of 1 171m². The building, which has a Gross Building Area of ±4,700 m², also features a basement area and has a secure parking area with a guard house.

Jacobs House showroom and office component as well as the façade of the property have recently been renovated and is well maintained and modern in its look and feel. The main entrance to the building features a double volume foyer and has boardroom and restroom facilities. Offices are located on the first floor whilst the various warehousing components of the building are located on the basement, ground and second floors.

The basement has a goods access slide from the enclosed parking area and further has worker ablutions and a stairwell leading to the worker canteen.

The rear of the building is serviced by two stairwells with an additional fire escape found on the western side of the building. An exterior goods stairwell provides access to the 1st and 2nd floors from the secured parking area.

Hislop concludes, "This diverse property will be sold vacant and is ideal for storage, warehouse or light manufacturing and will appeal to a small to medium size business looking for a solid investment in a well-established node with immediate occupancy.

Further to this the seller has indicated that the buildings movables are for sale as a separate entity and includes CCTV equipment, telephone system and furniture."

Last modified on Saturday, 31 May 2014 08:33

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