Centurion land suitable for new mall

Monavoni is a relatively new suburb in Centurion and is situated 9.5km from the Centurion central business district. The residential area has several secure estates, including Silver Stone Country Estate, Thorn Field Estate, Raslouw Manor and Heuwelsig Estate.

Three erven with combined size of 7.2838ha, and situated on the R55, between Sunderland Ridge and Laudium are available.

Aucor's Sean Parsons says: "This property has zoning for a shopping centre. The seller has invested substantial resources in the developmental and planning processes."

He says full documentation is available for potential buyers including a feasibility study, concept architectural sketches and plans, conditions of establishment, approved surveyor general diagrams, environmental impact assessment approvals and roads, storm-water and sewer services agreements.

"This property offers the right investor an excellent opportunity to develop the first shopping centre in the area."

Also on offer is a building at 23 Van Wyk Street, Roodepoort.

In the heart of the central business district and on the corner of Hodgson Street, Columbia House is a large building with a combination of retail space and offices. The surrounding area features numerous commercial and retail offerings as it is centrally located with good passing trade.

Columbia House has seven storeys and 12 small retail outlets on the ground floor with direct access off the street.

The upper floors of the building are partially completed. The first floor has been configured as a training facility and the third floor offers completed office space.

There are ample ablution facilities in the building, between the floors. The upper floors are serviced by two lifts, but require repair work.

The auction takes place on 10 July at Park Hyatt Hotel in Rosebank at noon.

Source: Business Day via I-Net Bridge