Investors chase daily-needs income as fuel stations and shopping centres go under the hammer
Fuel stations and convenience shopping centres make up the bulk of the 41 commercial properties going to auction with Broll Auctions and Sales on November 25.
Also being auctioned is industrial stock and development land across Gauteng, KwaZulu-Natal, North West, the Eastern Cape and the Western Cape.
- Visit Broll Auctions and Sales or email [email protected] for catalogues and to register.
Norman Raad, CEO of Broll Auctions and Sales, said the mix reflected where buyer demand had concentrated through 2026.
“The properties people visit every day, for fuel, groceries, medicine and a haircut, are often the ones we see bidders competing hardest for,” he said.
“That daily spend keeps tenants trading through slower cycles, and investors have noticed.”
Two premium forecourts in one lot
The headline offering pairs two newly rebranded Astron fuel stations on two of northern Johannesburg’s busiest arterial roads, sold together as property and operating businesses.
On Main Road, Bryanston, Astron Posthouse sits on a 2,443m² erf with a brand-new ten-year head lease in place and average throughput of around 200,000 litres a month.
On Old Pretoria Road in Midrand, Astron Corporate House trades at roughly 330,000 litres a month on a 4,108m² erf, having historically pumped close to double that, and benefits from a recently completed road expansion that has improved access and visibility.
“Branded forecourts of this calibre on major Johannesburg routes very seldom come to market, and two at once, with operations included, is rarer still,” said Raad.
Regional fuel sites with room to grow
On the R24 at Olifantsnek outside Rustenburg, a 5.4ha Quest filling station and commercial property combines a five-pump forecourt selling around 140,000 litres a month with a convenience store, a double-volume restaurant and deli, a vacant shop ready for letting, a three-bedroom house, three rental flatlets and staff accommodation.
The Quest agreement runs to 2032, and the site has borehole water, solar and generator backup.
In Colenso, KwaZulu-Natal, the town’s only fuel station sits at the main entrance from Ladysmith, opposite the municipal offices and Magistrates’ Court.
The unbranded white site stands on 8,094m² with additional bulk available, leaving a new owner free to choose an oil company and add a convenience store.
In Mayville, Pretoria, an operational white-site filling station on Paul Kruger Street currently sells diesel only, offering clear upside for an operator willing to rebrand and broaden the fuel offering.
It is sold with its business and licences, either on its own or together with the adjoining retail building.
Supermarket and fuel-anchored shopping centres
In Moreleta Park, one of Pretoria East’s most densely populated suburbs, Moreleta Sentrum offers 3,464m² of lettable space across 18 units on a 1.4ha site.
A TotalEnergies filling station anchors the centre on a lease to May 2030, supported by a pharmacy and clinic, Liquor City and several restaurants.
The centre generates gross annual income of R8.5 million, with fixed escalations of 5% to 8% a year, and rooftop solar and generator backup keep tenants trading through outages.
Two Shoprite-anchored centres on the West Rand and East Rand are both listed with no transfer duty payable.
In Alberton North, a 3,300m² centre next to Parklands High School generates gross annual income of R4.76 million.
In the Carletonville CBD, a 2 809m² centre surrounded by national retailers produces a similar R4.77 million a year from Shoprite and several line shops, with solar installed and municipal parking at the rear.
In Evaton, the Evaton Superspar Centre on the corner of Easton and Adams Roads offers 3,246m² of retail space on a two-acre corner site close to the R28 and R553.
Gross rental exceeds R500,000 a month, and the price has been reduced, with value to add by letting the remaining vacancies.
Neighbourhood convenience in established suburbs
Just off Main Road in Bryanston, the Posthouse retail centre offers 2,700m² of lettable space on a 6,980m² erf, home to tenants including Social on Main and Kings Kraal.
It generates gross annual income of R8.4 million, with projected net income of R4.1 million for 2027 to 2028.
In Eden Glen, Edenvale, The Terraces Shopping Centre is fully let and woven into the routine of the surrounding family suburb, with a pub and restaurant anchor, a butchery, barber, spa, sushi outlet and cellular store.
The 1,347m² centre produces R2.84 million a year, and its Business 2 zoning permits a second storey.
In Umhlanga New Town Centre near Gateway Theatre of Shopping, a 140m² sectional title retail unit with high pedestrian and vehicle exposure suits an investor or owner-occupier, and comes with two basement parking bays.
Industrial stock for owner-occupiers and investors
In West Turffontein, southern Johannesburg, a 1.4ha industrial property across five notarially tied stands combines four warehouses, 32 storage units, offices and extensive yard space for trucks and vehicle storage.
It sits close to Kliprivier Drive and the M1, M2 and N12, with borehole water and solar installed.
In Gerdview, Germiston, a 2,673m² office and workshop facility is offered as a liquidation sale.
Its Business 1 zoning suits a corporate headquarters, distribution hub, showroom or light manufacturing.
In the Eastern Cape, a partially tenanted 2,472m² warehouse in Braelyn, East London is split into two units of 1,128m² and 1,344m².
A fully tenanted 922m² building in North End, Gqeberha is well located in the established North End commercial node, presenting an opportunity for investors looking to acquire an income-generating property.
In Beaconvale, Parow, in the Western Cape, a tenanted freehold industrial and showroom property offers 1,504m² of lettable space on a 2,287m² erf.
One business occupies around 500m² and 1,004m² respectively, across a mix of showroom, manufacturing and storage space with supporting offices, and the street-facing position gives both tenants valuable signage exposure.
Development and repositioning opportunities
In Gallo Manor, Sandton, an 18,694m² site with 3,238m² of existing buildings sits directly behind Morning Glen Shopping Centre.
Its Special zoning lends itself to schools, residential development or institutional use, subject to approvals.
“Land of this size in an established Sandton suburb very rarely reaches the open market,” said Raad.
In the Johannesburg CBD, a 4,740m² office building opposite Small Street Mall is 25% tenanted and in excellent condition, with 26 secure underground parking bays.
Heavy pedestrian traffic outside the door makes it a strong candidate for conversion to multi-level retail or mixed use.
These and other commercial properties will be under the hammer on November 25, 2026 at noon at The Wanderers Golf Club in Illovo, Johannesburg.
Visit Broll Auctions and Sales or email [email protected] for catalogues and to register.
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