Auction of the Day

Broll Auctions and Sales

BUSINESS RESCUE: THE BOULEVARD, MAIN ROAD, MELVILLE
ON AUCTION 22 MAY 2024 - LEASEHOLD

Auctioneer: Broll Auctions and Sales

LIVE AUCTION STARTS: WED 22 MAY 2024 AT 12:00 SAST
Venue: The Wanderers Club, 21 North Street, Illovo, Gauteng

"The Boulevard" is built on two adjacent stands and the main building has a U-Shape design. Boasting unrivalled exposure and ease of access, this corner site is a popular shopping destination for the surrounding community.
The centre is anchored by Spar, supported by Steers, Tops at Spar, Jack's Paint and Hardware and Del Forno Grill. The tenant mix is completed by tenants such as Planet Nails, ABSA Bank and FNB ATMS, Crazy Store and several other local tenants.
It consists of ground floor shops with parking area located on a lower ground floor level. The lower ground floor parking is situated under the building of the northern wing but is located under part of the graded open parking area. The lower ground floor parking also accommodates a car wash facility. Service walkways are located on the ground and first floor level along the rear of the building. The Melville swimming pool is also located on this property and is managed by the City of Johannesburg.

Features:

• NEIGHBOURHOOD RETAIL CENTER IN THE HEART OF MELVILLE, JOHANNESBURG
• GROSS ANNUAL INCOME ± R7 567 658.00 p.a.
• NATIONAL TENNANTS LIKE SPAR, TOPS, STEERS, CRAZY STORE AND JACK'S PAINT ANCHOR THIS CENTER
• THIS PROPERTY IS PERFECTLY LOCATED ON BEYERS NAUDE DRIVE AND WITHIN WALKING DISTANCE FROM UNIVERSITY OF JOHANNESBURG

For more information, visit https://onauction.brollauctions.com/results/retail/for-sale/johannesburg/melville/retail/2707/23-main-road/

CONTACT:
Bakkies Reyneke
(T) 0877008289 (C) 0824516897
[email protected]

The rules of this auction comply with Section 45 of the Consumer Protection Act (No. 68 of 2008)