Bidding to start from R 4,000,000 | Live Auction: 18 March 2026
This multi-erf commercial holding comprises several consolidated erven with predominant Business 1 zoning, supported by additional Residential 1 and Special zoning components, offering flexible development and operational potential. Positioned on a prominent corner at 8 Nansen Place in Tulisa Park, the property benefits from dual road exposure, secure perimeter walls and controlled access. The existing three-storey building has been internally stripped, creating a blank canvas for institutional occupation, owner-occupier fit-out or multi-tenant reconfiguration. Extensive on-site parking of approximately 70 bays, together with open surfaced operational areas and ± 600–650 m² of covered storage space, further enhances the property’s suitability for automotive, fleet, educational or service-related uses within a secure, self-contained compound.
Key Features:
• Multi-erf commercial holding with predominant Business 1 zoning
• Approximately 600–650 m² of covered storage component
• Three-storey office structure offering reconfiguration potential
• Approximately 70 on-site parking bays with additional open operational areas
• Prominent corner position in Tulisa Park, Johannesburg South
Auction Terms and Buyer Information:
• Buyer Costs: 16.5% payable on auction day (10% commission + VAT on commission + 5% deposit towards purchase price)
• Registration Fee: R50,000 (live/venue bidders) | R100,000 (telephonic/online bidders)
All bids constitute a legally binding offer, and the highest bidder is required to sign the Auction Sale Agreement immediately upon the fall of the hammer; failure or refusal to sign constitutes a breach and results in forfeiture of the registration deposit. The sale is subject to a reserve price unless otherwise stated. The property is sold voetstoots, as-is with no warranties or guarantees, and all bidders must provide valid FICA documentation prior to registration.