{"id":810387,"date":"2025-02-05T12:44:45","date_gmt":"2025-02-05T10:44:45","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=810387"},"modified":"2025-02-05T12:56:19","modified_gmt":"2025-02-05T10:56:19","slug":"multi-sector-strength-in-evidence-at-first-broll-auction-for-2025","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/industry-news\/810387\/multi-sector-strength-in-evidence-at-first-broll-auction-for-2025\/","title":{"rendered":"Multi-sector strength in evidence at first Broll auction for 2025"},"content":{"rendered":"\n<p>The commercial property sector is set for recovery this year, riding a wave of capital value growth which started in the last quarter of 2024.<\/p>\n\n\n\n<p>Broll Auctions and Sales will take 15 commercial properties from around the country to auction on February 20 at its first sale for 2025. <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.brollauctions.com\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=February+2025\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Click here for more information about Broll Auctions<\/strong><\/a><\/li>\n<\/ul>\n\n\n\n<p>\u201cWe have a mixed bag of opportunities for prospective investors, with everything from Johannesburg\u2019s oldest synagogue to a stunning events venue in Hilton, to the 22-storey Isivuno House in the Pretoria CBD and more going under the hammer,\u201d said Norman Raad, CEO of Broll Auctions and Sales.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Isivuno.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Isivuno-1024x576.png\" alt=\"\" class=\"wp-image-810390\" style=\"width:1200px\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Isivuno-1024x576.png 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Isivuno-300x169.png 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Isivuno-768x432.png 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Isivuno-1536x864.png 1536w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Isivuno.png 2002w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p>An incredible investment opportunity awaits at KwaZulu-Natal\u2019s Hilton\u2019s Amanguni Hills, a stunning venue with panoramic views overlooking the 1 000 Hills. <\/p>\n\n\n\n<p>Nestled on the edge of Phezulu Safari Park, this expansive property boasts a combined erf extent of 80&nbsp;000m\u00b2, offering both a thriving event venue and massive development potential. <\/p>\n\n\n\n<p>\u201cThis area has bright prospects for developers and investors alike for high-return developments given the demand for space in the area,\u201d Raad said.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Hilton-Amanguni-Hills-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Hilton-Amanguni-Hills-1024x683.jpg\" alt=\"\" class=\"wp-image-810391\" style=\"width:1200px\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Hilton-Amanguni-Hills-1024x683.jpg 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Hilton-Amanguni-Hills-300x200.jpg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Hilton-Amanguni-Hills-768x512.jpg 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Hilton-Amanguni-Hills-1536x1024.jpg 1536w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Hilton-Amanguni-Hills-2048x1365.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p>The Doornfontein Shul, colloquially known as the Lions Shul and built in 1906, is looking for a new owner. This designated Johannesburg Heritage Site is located on Siemert Road near the intersection of Doornfontein, Hillbrow, and Berea, and is zoned residential 4. <\/p>\n\n\n\n<p>Permitted uses include religious purposes, educational centres, child care centre, sport and recreation clubs, public or private parking areas, medical consulting rooms, guest house or tavern. &nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/New-Doornfontein-Lions-Shul-1.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/New-Doornfontein-Lions-Shul-1-1024x576.jpg\" alt=\"\" class=\"wp-image-810392\" style=\"width:1200px\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/New-Doornfontein-Lions-Shul-1-1024x576.jpg 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/New-Doornfontein-Lions-Shul-1-300x169.jpg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/New-Doornfontein-Lions-Shul-1-768x432.jpg 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/New-Doornfontein-Lions-Shul-1-1536x864.jpg 1536w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/New-Doornfontein-Lions-Shul-1.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p>In Gqeberha, a 4 970m\u00b2 industrial-zoned manufacturing warehouse facility in Korsten is on offer. This well-located property has two warehouse sections and a five-ton gantry crane.<\/p>\n\n\n\n<p>Businesses seeking a central position in one of Johannesburg\u2019s most vibrant districts will be interested in 6 600m\u00b2 of open-plan offices, with 67 secure parking bays in Braamfontein. <\/p>\n\n\n\n<p>\u201cThis prime office space is situated close to key business and educational hubs, surrounded by retail amenities, with easy access to Gautrain\u2019s Park Station.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Braamfontein-101-De-Korte.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Braamfontein-101-De-Korte-1024x576.jpg\" alt=\"\" class=\"wp-image-810393\" style=\"width:1200px\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Braamfontein-101-De-Korte-1024x576.jpg 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Braamfontein-101-De-Korte-300x169.jpg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Braamfontein-101-De-Korte-768x432.jpg 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Braamfontein-101-De-Korte-1536x864.jpg 1536w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Braamfontein-101-De-Korte.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p>A prime commercial property in bustling Lonehill, Fourways, adjacent to the opulent Fourways Crossing Shopping Centre, presents a solid investment proposition. <\/p>\n\n\n\n<p>Set on an erf measuring 3&nbsp;244m\u00b2 with a Gross Leasable Area (GLA) of 2&nbsp;200m\u00b2, this property has 90 parking bays, ground floor offices and is suitable for use as retail, office or showroom owing to its excellent exposure and visibility.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Fourways.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Fourways-1024x576.jpg\" alt=\"\" class=\"wp-image-810394\" style=\"width:1200px\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Fourways-1024x576.jpg 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Fourways-300x169.jpg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Fourways-768x432.jpg 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Fourways-1536x864.jpg 1536w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/02\/Fourways.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p>Moving to Pretoria\u2019s CBD node, the 22-floor Isivuno House is a prime mixed-use retail and office commercial property, and a prime asset for larger tenants, and\/or residential developers. <\/p>\n\n\n\n<p>\u201cThis versatile property with a GLA of 23&nbsp;600m\u00b2 is zoned mixed-use commercial and would be ideal for a government tenant.\u201d<\/p>\n\n\n\n<p>\u201cWe\u2019ve seen keen interest and enquiries online, and anticipate a solid turnout for our first multi-property auction of the year, especially given last month\u2019s interest rate cut, Raad concluded.<\/p>\n\n\n\n<p>The auction takes place on February 20 at noon at The Wanderers Golf Club in Illovo, Johannesburg. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.brollauctions.com\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=February+2025\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Click here for more information about Broll Auctions<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The commercial property sector is set for recovery this year, riding a wave of capital value growth which started in the last quarter of 2024.<\/p>\n","protected":false},"author":57,"featured_media":810395,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10459],"tags":[9932],"class_list":["post-810387","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-broll-auctions"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/810387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=810387"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/810387\/revisions"}],"predecessor-version":[{"id":810413,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/810387\/revisions\/810413"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/810395"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=810387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=810387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=810387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}