The high-rise commercial and residential street block are in the Ferreirasdorp area, on the south-western border of the CBD. The property, with a combined extent of 4 524m², and a total gross building area of 20 121 m², is a well-maintained entire block with four street frontages. The improvements comprise several buildings and include 84 flats, 32 shops, and 118 parking bays within the parkade.

Other improvements include covered walkways; entrance foyers; delivery access; storage areas; CCTV security and ancillary access ways for residents. Westgate train station, the bus terminal as well as a taxi rank are within easy walking distance. The property is close to the courts and Marshalltown. “In addition to the rental income from the retail shops, parking and apartments, income is received from a billboard and a cellphone tower. The abundance of parking within the building offers attractive lettability opportunities for the purchaser,” says Rainer Stenzhorn, who is handling the sale.

For more information, contact Rainer Stenzhorn at 082 321 1135, 031 574 7600, or rstenzhorn@in2assets.com. The 3 902m²property, at 34 to 36 Geduld Street, is in the heart of Sasolburg’s industrial node. The property comprises various structures and buildings with a lettable area of about 1 338m². The two main buildings share a large yard area.“The property is currently fully let with two tenants who pay roughly R732 000 per annum. The tenants have both been in the premises for several years and are committed to leasing them,” says Ross Cronje, who is handling the sale. For more information, contact Ross Cronje at 082 923 9277 or rcronje@in2assets.com. Bids can be submitted remotely via the In2assets online bidding platform https://auctions.in2assets.co.za accessible from PC or by downloading the In2assets App from the Google Play Store or App Store.