{"id":863531,"date":"2026-06-12T14:45:53","date_gmt":"2026-06-12T12:45:53","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=863531"},"modified":"2026-06-12T14:45:56","modified_gmt":"2026-06-12T12:45:56","slug":"broll-to-auction-nearly-50-commercial-assets-in-july","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/industry-news\/863531\/broll-to-auction-nearly-50-commercial-assets-in-july\/","title":{"rendered":"Broll to auction nearly 50 commercial assets in July"},"content":{"rendered":"\n<p>With the cost of capital once again back in the spotlight, South Africa&#8217;s commercial property buyers are recalibrating.&nbsp;<\/p>\n\n\n\n<p>With the Reserve Bank lifting the repo rate to 7.0% in late May, taking prime to 10.5% as it moves to contain oil-driven inflation and renewed global volatility, well-priced, income-producing physical assets are again proving their worth as portfolio anchors.&nbsp;<\/p>\n\n\n\n<p>Against this backdrop, Broll Auctions and Sales returns with one of its largest and most diverse offerings of the year when close to 50 commercial, industrial, retail and mixed-use assets go under the hammer on 1 July.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Visit <a href=\"https:\/\/www.brollauctions.com\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=June+2026\" target=\"_blank\" rel=\"noreferrer noopener\">Broll Auctions and Sales<\/a> or email <a href=\"mailto:info@brollauctions.com\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"mailto:info@brollauctions.com\">info@brollauctions.com<\/a> for catalogues and to register.\u00a0<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Demand is already evident: two lots sold within a week of being listed, well ahead of auction day.<\/p>\n\n\n\n<p>Spanning freestanding office blocks, high-volume industrial warehousing, nationally anchored retail, service-station redevelopment land, prime student-accommodation sites and a substantial corporate disposal portfolio, the catalogue reflects both the breadth of stock coming to market and the appetite of buyers.<\/p>\n\n\n\n<p>&#8220;This is an extremely varied catalogue, and the early sales tell their own story,\u201d said Norman Raad, CEO of Broll Auctions and Sales.&nbsp;<\/p>\n\n\n\n<p>&#8220;When rates move and uncertainty rises, buyers come back to tangible assets they can let.\u201d&nbsp;<\/p>\n\n\n\n<p>\u201cAuctions give them a transparent, competitive route to stock that rarely trades openly, and our brokers are seeing activity across every sector.&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Corporate and fund disposals lead the book<\/h2>\n\n\n\n<p>A defining feature of this auction is the volume of corporate and fund-driven stock, where institutional sellers are rationalising portfolios and releasing assets that seldom reach the open market.&nbsp;<\/p>\n\n\n\n<p>\u201cThis is a growing area of expertise for Broll Auctions and we are particularly proud of some of our recent successes in this sector, including the Telkom Centre of Learning.\u201d<\/p>\n\n\n\n<p>At the centre of the July 1 auction is a corporate disposal of 19 assorted commercial properties spanning offices, mixed-use investments and showroom space across Gauteng, the Free State, North West and Mpumalanga.&nbsp;<\/p>\n\n\n\n<p>The portfolio ranges from a <strong><a href=\"https:\/\/www.brollauctions.com\/results\/commercial\/for-sale\/germiston\/germiston-central\/showroom\/708218\/1-president-street\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=June+2026\" target=\"_blank\" rel=\"noreferrer noopener\">2,445m\u00b2 former motor dealership, showroom and workshop facility<\/a><\/strong> on a 4,871m\u00b2 site in the Germiston CBD, to government-tenanted income stock.\u00a0<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Germiston-CBD-1024x576.jpg\" alt=\"\" class=\"wp-image-863539\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Germiston-CBD-1024x576.jpg 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Germiston-CBD-300x169.jpg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Germiston-CBD-768x432.jpg 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Germiston-CBD-1536x864.jpg 1536w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Germiston-CBD.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<p><em><sup>Germiston CBD dealership, showroom and workshop facility<\/sup><\/em><\/p>\n\n\n\n<p>Among the strongest income plays is a <strong><a href=\"https:\/\/www.brollauctions.com\/results\/commercial\/for-sale\/welkom\/welkom-central\/investment\/707572\/sars-welkom-3-tulbagh\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=June+2026\" target=\"_blank\" rel=\"noreferrer noopener\">SARS-tenanted office building in Welkom<\/a><\/strong>, offering 2,687m\u00b2 of gross lettable area with the SARS lease renewed for a further five-year term to May 2031, securing gross income of approximately R2.6 million per annum, with a vacant first floor offering rental upside.<\/p>\n\n\n\n<p>Separately, a <strong><a href=\"https:\/\/www.brollauctions.com\/results\/commercial\/for-sale\/centurion\/centurion-central\/office\/712400\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=June+2026\" target=\"_blank\" rel=\"noreferrer noopener\">corporate fund disposal in the Centurion CBD<\/a><\/strong> brings a prominent asset to auction.\u00a0<\/p>\n\n\n\n<p>Positioned at 1006 Lenchen Avenue opposite the Centurion Hotel and within walking distance of Centurion Mall, the property offers approximately 6,715m\u00b2 of gross lettable area on a 4,793m\u00b2 erf, zoned Business 4, with full air conditioning, two lifts and around 250 parking bays.&nbsp;<\/p>\n\n\n\n<p>Currently configured as offices, it carries clear vacancy upside and strong conversion potential.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Offices priced to reward repositioning<\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"621\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Century-City-1024x621.jpg\" alt=\"\" class=\"wp-image-863540\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Century-City-1024x621.jpg 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Century-City-300x182.jpg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Century-City-768x465.jpg 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Century-City-1536x931.jpg 1536w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Century-City.jpg 1782w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<p><em><sup>Century City office block<\/sup><\/em><\/p>\n\n\n\n<p>In Cape Town, a <strong><a href=\"https:\/\/www.brollauctions.com\/results\/commercial\/for-sale\/milnerton\/century-city\/office\/148374\/1-boundary-road-century-city\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=June+2026\" target=\"_blank\" rel=\"noreferrer noopener\">vacant A-grade freestanding office block at 1 Boundary Road, Century City<\/a><\/strong>, comes to market on an 4,071m\u00b2 erf.\u00a0<\/p>\n\n\n\n<p>The building offers high-security premises, generous parking, an on-site generator and strong exposure to the N1, minutes from Canal Walk and public transport, a turnkey base for an owner-occupier or a repositioning play in one of the Western Cape&#8217;s most established commercial nodes.<\/p>\n\n\n\n<p>In Pretoria, a <strong><a href=\"https:\/\/www.brollauctions.com\/results\/commercial\/for-sale\/pretoria\/capital-park\/investment\/717168\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=June+2026\" target=\"_blank\" rel=\"noreferrer noopener\">fully tenanted mixed-use commercial investment in Capital Park<\/a><\/strong> offers 1,700m\u00b2 of accommodation across a diversified tenant mix delivering immediate, stable income from complementary uses.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Industrial demand holds firm<\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Uitenhage-1024x683.jpg\" alt=\"\" class=\"wp-image-863541\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Uitenhage-1024x683.jpg 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Uitenhage-300x200.jpg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Uitenhage-768x512.jpg 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Uitenhage-1536x1024.jpg 1536w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Uitenhage.jpg 1620w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<p><em><sup>Uitenhage industrial property<\/sup><\/em><\/p>\n\n\n\n<p>Industrial remains the standout performer in the local market, and two contrasting assets speak to that strength.<\/p>\n\n\n\n<p>In the Eastern Cape, a <strong><a href=\"https:\/\/www.brollauctions.com\/results\/industrial\/for-sale\/uitenhage\/alexander-park-industrial\/warehouse\/713532\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=June+2026\" target=\"_blank\" rel=\"noreferrer noopener\">fully tenanted multi-tenanted industrial property in Alexander Park, Uitenhage<\/a><\/strong>, offers approximately 19,319m\u00b2 of lettable space on a 46,579m\u00b2 site.\u00a0<\/p>\n\n\n\n<p>Positioned opposite the Volkswagen South Africa plant and surrounded by OEM suppliers servicing the automotive sector, it provides secure, diversified rental income within a well-established manufacturing hub.<\/p>\n\n\n\n<p>In Johannesburg, a <strong><a href=\"https:\/\/www.brollauctions.com\/results\/industrial\/for-sale\/sandton\/linbro-park\/warehouse\/712318\/3-enterprise-close\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=June+2026\" target=\"_blank\" rel=\"noreferrer noopener\">freestanding facility at 3 Enterprise Close in Linbro Business Park<\/a><\/strong>, just off the N3 Eastern Bypass, offers 1,028m\u00b2 of warehousing with a 10-metre eaves height, complemented 628m\u00b2 of modern offices and a mezzanine.\u00a0<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Linbro-Park-1024x768.jpg\" alt=\"\" class=\"wp-image-863542\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Linbro-Park-1024x768.jpg 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Linbro-Park-300x225.jpg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Linbro-Park-768x576.jpg 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Linbro-Park.jpg 1440w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<p><em><sup>Linbro Business Park facility<\/sup><\/em><\/p>\n\n\n\n<p>Dock-level and on-grade loading, 150-amp three-phase power and a secure, access-controlled setting make it well suited to logistics, distribution and light-industrial users.&nbsp;<\/p>\n\n\n\n<p>The asset is also available to rent ahead of transfer.<\/p>\n\n\n\n<p>&#8220;Industrial continues to do the heavy lifting in this market,&#8221; said Raad.&nbsp;<\/p>\n\n\n\n<p>&#8220;Low vacancies, firm rentals and steady occupier demand from logistics and distribution mean assets like these attract competitive bidding.&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Nationally anchored retail with upside<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Bethlehem-1024x576.jpg\" alt=\"\" class=\"wp-image-863543\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Bethlehem-1024x576.jpg 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Bethlehem-300x169.jpg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Bethlehem-768x432.jpg 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Bethlehem-1536x864.jpg 1536w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Bethlehem.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><em><sup>Bethlehem CBD property<\/sup><\/em><\/p>\n\n\n\n<p>In the Free State, a <strong><a href=\"https:\/\/www.brollauctions.com\/results\/retail\/for-sale\/bethlehem\/bethlehem-central\/retail\/711688\/26-president-boshoff-street\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=June+2026\" target=\"_blank\" rel=\"noreferrer noopener\">retail investment at 26 President Boshoff Street in the Bethlehem CBD<\/a><\/strong> anchors a strong national tenancy with significant value-add potential.\u00a0<\/p>\n\n\n\n<p>Anchored by Econofoods and Value Co, the property generates gross annual income of R2.4 million, with an additional 1,500m\u00b2 of vacant first-floor space offering scope for further leasing, warehousing, an entertainment venue or office conversion.&nbsp;<\/p>\n\n\n\n<p>The asset is offered with no transfer duty payable.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Redevelopment and adaptive reuse<\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Porterville-1024x683.jpg\" alt=\"\" class=\"wp-image-863545\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Porterville-1024x683.jpg 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Porterville-300x200.jpg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Porterville-768x512.jpg 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Porterville-1536x1024.jpg 1536w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/06\/Porterville.jpg 1620w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<p><em><sup>Porterville service-station site<\/sup><\/em><\/p>\n\n\n\n<p>Several lots offer buyers the chance to unlock value through repositioning.<\/p>\n\n\n\n<p>A <strong><a href=\"https:\/\/www.brollauctions.com\/results\/commercial\/for-sale\/porterville\/porterville\/service-station\/709066\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=June+2026\" target=\"_blank\" rel=\"noreferrer noopener\">decommissioned service-station site in Porterville<\/a><\/strong>, Western Cape, presents a high-street redevelopment opportunity on a 2,685m\u00b2 erf, suited to developers, owner-occupiers and mixed-use investors seeking a strategically positioned commercial site.<\/p>\n\n\n\n<p>Directly opposite the University of Johannesburg, a <strong><a href=\"https:\/\/www.brollauctions.com\/results\/agricultural\/for-sale\/johannesburg\/berea\/vacant-land\/716429\/23-saratoga-avenue\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=June+2026\" target=\"_blank\" rel=\"noreferrer noopener\">vacant development site of 1,800m\u00b2 at 23 Saratoga Avenue, Berea<\/a><\/strong>, offers compelling fundamentals for purpose-built student accommodation or high-density residential development in a node with established demand and limited well-located land.<\/p>\n\n\n\n<p>In the heart of the Karoo, a <strong><a href=\"https:\/\/www.brollauctions.com\/results\/mixed-use\/for-sale\/beaufort-west\/middedorp\/guesthouse\/710643\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=June+2026\" target=\"_blank\" rel=\"noreferrer noopener\">landmark Beaufort West hospitality property<\/a><\/strong> on a 4,633m\u00b2 erf brings rare scale to market.\u00a0<\/p>\n\n\n\n<p>Configured as a hotel with 32 en-suite rooms, conference and dining facilities, bars and ample parking, it is positioned for a boutique lodge, guesthouse or broader mixed-use redevelopment in a key stopover town between Cape Town and the country\u2019s interior.<\/p>\n\n\n\n<p>The auction takes place on 1 July 2026 at noon at The Wanderers Golf Club in Johannesburg.&nbsp;<\/p>\n\n\n\n<p><strong>Visit <a href=\"https:\/\/www.brollauctions.com\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=June+2026\" target=\"_blank\" rel=\"noreferrer noopener\">Broll Auctions and Sales<\/a> or email <a href=\"mailto:info@brollauctions.com\" target=\"_blank\" rel=\"noreferrer noopener\">info@brollauctions.com<\/a> for catalogues and to register.\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Broll Auctions and Sales returns with one of its largest and most diverse offerings of the year.<\/p>\n","protected":false},"author":57,"featured_media":863537,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10459],"tags":[9932,25305],"class_list":["post-863531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-broll-auctions","tag-broll-auctions-banner"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/863531","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=863531"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/863531\/revisions"}],"predecessor-version":[{"id":863546,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/863531\/revisions\/863546"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/863537"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=863531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=863531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=863531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}