A major attraction will be the sale of City Square, a fully let, large (almost 10000m²) shopping mall in the Rustenburg CBD.
Reliance Auctions will stage a prime retail and investment auction at The Hilton Hotel in Sandton on March 20, 2018 at noon.
A major attraction will be the sale of City Square, a fully let, large (almost 10000m²) shopping mall in the Rustenburg CBD. The complex in Fatima Bhayat Street has high foot traffic and several long-term leases.
David Soutter, Reliance’s chief executive, says the centre has 54 tenants, including three chain stores as anchors.
“City Square is a well-maintained and wellknown mall in the heart of Rustenburg. Its upkeep requirements are low, and the complex is fully air-conditioned. There is secure basement parking, easy access and 24-hour security in the centre,” Soutter says.
Viewing is by appointment. Call 0833257152 or 0846066521.
Also on offer will be the opportunity to invest in 32 residential stands at The Village @ Cullinan, set on a scenic Dale Hayes golf course widely regarded as one of the best nine-hole courses in South Africa. The diamond mining town of Cullinan dates back to 1903 but today offers modern recreational activities including abseiling, horse and quadbike riding, and quaint coffee shops and antique and craft stores.
Surface and underground tours of the working Cullinan Diamond Mine is a major tourist attraction for the town where the world’s largest diamond was found in 1905.
Call 0781801521 for more details.
Among the other lots on offer at the Reliance auction will be:
* Warehouse, offices, distribution facilities and laboratory in Boksburg North.
* Office block with four sectional title offices, fully let, in Honeydew.
* Upmarket office building with a five-year triple nett lease in Lyttelton Manor.
* Offices of more than 700m2 in Centurion.
* Vooma petrol station in Lewisham on the West Rand.
Aucor will stage three KwaZulu-Natal auctions this week:
* On Tuesday: warehouse sale including electronics, appliances, home furniture, gym equipment;
* Also on Tuesday: bank-repo sale featuring trucks, trailers, construction equipment and buses; and
* On Wednesday a major bank-repo vehicle sale for Wesbank.
For more details call 0315125150 or email firstname.lastname@example.org.