Multi-Tenanted Industrial Germiston Property on Auction

An income-producing commercial property in Germiston’s prominent industrial node, Wadeville, will be on the Park Village Auctions’ auction block on 8 June.

“Commercial property investors know only too well the value of an occupied building. This sale represents a lucrative opportunity for those wanting to expand their portfolio,” says Clive Lazarus, who will head the auction.

The 38 513 square metre property is” neat, well maintained and zoned industrial 1”. Notable features include warehouses, factory or workshop space, office buildings, ablution facilities, storerooms, a pump house, a transformer and HT room, 3-phase power, carports, and ample yard space.

Clive adds, “The property boasts spacious driveways and multiple access points, making it easy for any kind of equipment to come in and out daily.” Speaking of the current operations on the premises, Clive says there are warehousing, vehicle repair and light industrial activities in place.

Located on the corner of Berrange and Murray Roads, the property is favourably positioned near the N17 highway. Exposure to the main road (Murray Rd) provides an excellent signage opportunity.

Viewing is essential; appointments can be arranged by contacting PVA on 011 789 4375 or auctions@parkvillage.co.za.

The auction will commence onsite (with simultaneous online bidding) at 11 am on Thursday, 8 June. For more information or to download the buyers pack, visit www.parkvillageauctions.co.za using reference number 1259.