Auction lots include: <\/p>\n\n\n\n
A large, well-established shopping centre in Rustenburg<\/a><\/strong>, with 26 tenants and anchored by a top performing ShopRite which occupies 50% of the property and still has eight years remaining on the lease<\/p>\n\n\n\n An A-grade commercial office park<\/a><\/strong> in Erand Gardens, Midrand, regarded as one of the premier commercial assets in the area<\/p>\n\n\n\n A versatile, high-clearance warehouse in City Deep<\/a><\/strong>, Johannesburg<\/p>\n\n\n\n The well-known, mixed-use Carvers Restaurant in Linden<\/a><\/strong>, Randburg\u00a0<\/p>\n\n\n\n A commercial building in just off Durban\u2019s Florida Road<\/a><\/strong><\/p>\n\n\n\n The Dominican Sisters Convent School<\/a><\/strong>, an historic 9,374m\u00b2 educational facility in Jeppestown.\u00a0<\/p>\n\n\n \u00a0A large, well-established shopping centre in Rustenburg is up for auction.<\/sup><\/em><\/p>\n\n\n\n Furthermore, a vacant agricultural-zoned 70ha in Johannesburg South<\/a><\/strong>, formerly operated as a golf course and abandoned more than a decade ago, would, upon rezoning, allow for the development of low-cost units with a minimum density of 45 units per hectare.\u00a0<\/p>\n\n\n\n \u201cThis property is a must-sell looking for a developer to take advantage of its redevelopment upside,\u201d said Norman Raad, CEO of Broll Auctions and Sales.<\/p>\n\n\n\n In the Western Cape, Remhoogte Farmstay<\/a><\/strong>, a 214ha farm and guest retreat in the heart of the Breede River Valley and offering fertile, scenic farmland located between Robertson and Swellendam, is on the auction block.\u00a0<\/p>\n\n\n\n \u201cCurrently operating as a countryside getaway destination with five-star guest feedback, this property has strong agribusiness foundations with a mountain-fed irrigation pressure system, and is ready to scale lucerne, livestock, or niche crops,\u201d said Raad.<\/p>\n\n\n Remhoogte Farmstay.<\/sup><\/em><\/p>\n\n\n\n Delta Property Fund is repositioning its portfolio, and Broll Auctions and Sales is disposing of several non-core commercial and mixed-use assets across key South African nodes, which present excellent investor opportunities for astute buyers. <\/p>\n\n\n\n In Pretoria Central, Arcadia and Hatfield, several high-rise office and mixed-use buildings – with street-level retail, multi-tenant offices and potential student accommodation conversion upside – are on offer. <\/p>\n\n\n\n The auction also sees corporate properties in the centre nodes of Bloemfontein, Welkom Central and Kroonstad, consisting of retail and commercial properties with conversion potential.<\/p>\n\n\n\n \u201cWe expect the five-storey African Life<\/a><\/strong> and Old Mutual<\/a><\/strong> buildings in Bloemfontein, which have ample parking and steady income from retail tenants, to attract much interest due to their ideal location for student housing or mixed-use developments,\u201d said Raad.<\/p>\n\n\n African Life building.<\/sup><\/em><\/p>\n\n\n\n With market conditions improving and a possible interest rate cut in the new year, investor sentiment is gaining. <\/p>\n\n\n\n Broll\u2019s November auction catalogue provides strategic entry points into high-potential real estate. <\/p>\n\n\n\n \u201cOnce again, the diversity and quality of assets curated by our team of experienced brokers will attract a broad investor base, as our November auction presents multiple avenues for value creation,\u201d said Raad. <\/p>\n\n\n\n \u201cWe have seen a massive resurgence in demand for properties in Gauteng and the low base which these properties are coming from unlocks massive upside potential.\u201d<\/p>\n\n\n\n The auction takes place from noon on November 26 at The Wanderer\u2019s Golf Club in Illovo, Johannesburg.<\/p>\n\n\n\n Properties being sold in parallel to the auction include a liquidation sale by closed auction for a 3.9ha prime development stand above the Sandton Gautrain station<\/a><\/strong>.\u00a0<\/p>\n\n\n\n Raad said the once-in-a-lifetime piece of land \u201chas the potential to spark a redevelopment in the Sandton node, and is being offered at a fraction of its true value\u201d.<\/p>\n\n\n\n Bids must be submitted by 10am on November 27 at 61 Katherine Street, Sandton. <\/p>\n\n\n\n![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/11\/Broll-Auctions-Rustenberg-Shoprite-1200x960-1-1024x819.png\")
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