Lucrative Longmeadow auction: location, location, location

John Hislop, business development executive for Aucor Property, says: “This 200ha premium business estate has become the ultimate business address in the east of Johannesburg and is surrounded by many developments which have seen the area grow significantly over the past 10 years. These include developments in Greenstone and Meadowview.”

In addition, it was recently announced that a multibillion-rand development is planned, with significant foreign investment being injected into the Modderfontein area by Shanghai Zendai. This development will take place over 15 years and will see 300 000 people move into the area.

Longmeadow Estate is within 15 minutes of Sandton, Midrand, Johannesburg, and the East Rand industrial basin, including OR Tambo International Airport.

Situated at 55 Lake Road on a 3076m2 erf, the building has excellent roadside frontage on Modderfontein Road. Consisting of a warehouse and modern offices, the property is in good condition.

The warehouse offers good height and easy access via two roller-shuttered docking bays, one of which has a ramp. The warehouse area has ablution facilities and an office/storage space.

The modern offices occupy two levels and have air-conditioning and power-skirting. The ground level is wheelchair accessible and comprises a reception, open-plan office area, a glass-partitioned manager’s office, kitchen and toilets. The first floor features three offices and a boardroom.

The paved yard has 21 parking bays and the property is alarmed.

Hislop concludes: “There are seldom re-sales of property in the Longmeadow Business Estate, which makes this particular lot very desirable.”

The auction will be held on July 16 at noon at the Maslow Hotel in Sandton.

 For more information, please contact John Hislop on 083- 265-6867 or visit aucorproperty.co.za.