DATE OF AUCTION: Thursday, 12 June 2025
TIME OF AUCTION: 11h00
VIEWING: 10h00 to 11h00 on Day of Auction
ADDRESS: 264 Emily Hobhouse Avenue, Pretoria North
An auction in association with Prestige Properties.
This neat commercial is currently used as an office block and is located in close proximity to the North Park Mall.
The property is improved with a building of 706 m2.
The zoning allows for easy rezoning to residential or educational purposes. A full list of the usage allowed appears below.
The building is a split- level plan comprising reception, offices, boardrooms, storage/ filing rooms, kitchenette as well as ablutions.
The building also offers adequate undercover parking as well as a caretaker’s flat.
Due to the keen locality the building offers opportunity for student accommodation or college or even a complete residential conversion.
More specifically the improvements consist of:
Ground Floor:
Large reception area
Large boardroom
Male ablutions
Female ablutions
Kitchenette
Walk-in safe
Large server room
11 x Closed offices
5 x Open area/offices.
First Floor:
Large boardroom/office
2 x open areas/offices
4 x Closed offices
2 x Open-area offices
Large filing/storage room
Small storage room.
Further features:
22 x Air-conditioners
Carpets throughout as well as tiles in the kitchenette and ablutions
Ample under-cover parking and good security
Caretakers flat with kitchenette and bathroom.
Purposes for which buildings may be used:
Business Building
Dwelling-units
Government Purpose
Guesthouse
Institution
Light Industry
Parking Garage
Parking Site
Place of Instruction
Place of Public Worship
Place of Refreshment
Residential Building excluding Boarding House
Hostel and Blocks of Tenements
Retail Industry
Shop
Social Hall
Vehicle Sales Mart
Vehicle Sales Showroom
Veterinary Clinic
Contact us for the bidder’s pack.
SUMMARY OF AUCTION CONDITIONS:
- Refundable Registration Deposit of R 20 000 (No cash accepted, only EFT).
- Identity document and proof of address required to register as bidder.
- 10% (TEN PERCENT) (plus VAT) Buyer’s Commission calculated on the highest bid.
- 13% (THIRTEEN PERCENT) deposit calculated on the highest bid and payable at the “fall of the hammer”.
