The upcoming auction includes some prime Cape Town real estate including a landmark commercial opportunity in Bellville with the former South African Revenue Service building, featuring a Gross Lettable Area (GLA) of 17,000m\u00b2. <\/p>\n\n\n\n
It is located on the corner of Bellville\u2019s Voortrekker and Durban streets. <\/p>\n\n\n\n
Part of a fund disposal and zoned General Business 4, this property is within the designated urban development zone, offering tax incentives to developers. <\/p>\n\n\n\n
\u201cInvestors with a keen eye for potential will recognise the long-term benefits of revitalising this property,\u201d said Broll Auctions and Sales CEO, Norman Raad.<\/p>\n\n\n\n Another prized Cape Town asset is a 3-storey apartment block nestled in the vibrant and highly sought-after neighbourhood of Sea Point, boasting 9 apartments and onsite parking. <\/p>\n\n\n\n \u201cWith its generous GLA of 731m\u00b2 and flexibility in terms of usage, this building stands out as a prime asset in one of Cape Town\u2019s most desirable suburbs.\u201d<\/p>\n\n\n\n In Green Point\u2019s Somerset Road, a high-visibility sectional title office, zoned Mixed Use 2, is on offer. <\/p>\n\n\n\n \u201cHill House offers a prime long-term investment opportunity, located in a sought-after business hub close to the V&A Waterfront, making it a secure, income-generating asset for the discerning investor,\u201d Raad said. <\/p>\n\n\n\n The property features a modern design with high-quality finishes, excellent access to major transport hubs, retail, and public amenities.<\/p>\n\n\n\n In Johannesburg, an Astron Energy Station, situated on a prime corner site in Fontainebleau and pumping an average of 338,000 litres per month, is looking for a new owner. <\/p>\n\n\n\n \u201cFilling stations remain hotly sought-after assets since fuel is a high-demand product and there are multiple revenue streams on one site, which operates around the clock,\u201d Raad explained.<\/p>\n\n\n\n An excellent mixed-use development opportunity awaits on 13 hectares of land off the R59 in Meyerton, in Gauteng\u2019s best-run municipality of Midvaal. <\/p>\n\n\n\n This site is suitable for residential, retail, or a combination of business and lifestyle development, as it is located close to in-demand areas such as Henley-on-Klip, Highbury, and Ophir Agricultural Holdings.<\/p>\n\n\n\n In Kempton Park, the versatile Spartan Industrial complex, comprising five tenanted, well-maintained mini-units, offers easy access to OR Tambo International Airport. <\/p>\n\n\n\n With a GLA of 1,600m\u00b2, this property is ideal for businesses requiring a combination of office and warehouse space. <\/p>\n\n\n\n It boasts a modern, brick-faced exterior with large roller shutter doors for easy access to the spacious, paved loading areas. <\/p>\n\n\n\n This prime industrial facility is ideal for warehousing, distribution, and light manufacturing operations.<\/p>\n\n\n\n In Pretoria, a seven-storey block with 63 residential apartments is for sale in Sunnyside. <\/p>\n\n\n\n \u201cBerg en Dal is well-managed and in excellent condition, presenting a true plug-and-play opportunity for an investor who can continue operating the block in its current form to generate a sustainable income.” <\/p>\n\n\n\n “An undersupply of student accommodation in Pretoria presents an opportunity for the building to be adapted to meet this demand,\u201d Raad said.<\/p>\n\n\n\n Durban\u2019s 88 on Field, a landmark A-Grade office building formerly known as Southern Life, is on the market once again as part of a fund disposal. <\/p>\n\n\n\n With a GLA of 21,000m\u00b2, this high-end property, with prominent anchor tenants, features office space on its upper floors and retail shops on the ground level.<\/p>\n\n\n\n![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/03\/SARS-Bellville-Google-Earth-1200x675-1-1024x576.png\")
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