Commercial Property On Auction in Georgetown

Prime Business-Zoned Retail Opportunity On Auction

Bidding to start from R2,000,000 | Live Auction: 04 February 2026!

This property comprises three adjoining erven improved with a business-zoned retail and office facility on a ±2,089m² site in Georgetown, Germiston. The building features solid construction with plastered walls, modern finishes, and durable tiled flooring, creating a practical, low-maintenance commercial space. Positioned on a high-exposure corner fronting three roads, it offers uninterrupted visibility and strong exposure for retail or service-based operations.

The property is zoned Business 2 with ±1,328m² of GLA, presenting an excellent opportunity for retail operators, mixed-use investors, or owner-occupiers. With strong security features including Clear-Vu fencing, electric fencing, and controlled access, this asset caters to tenants seeking operational readiness and long-term functionality. Dual access points, a dedicated delivery bay, and structured on-site parking enhance operational efficiency, making this a rare high-utility opportunity in a well-connected location.

Key Features

• ±3 adjoining erven improved with modern commercial/retail construction

• Fully tenanted on a projected Gross Annual Income of R504,000

• Zoned Business 2

• Excellent corner exposure along Meyer Street and Webber Road

• Low-maintenance, income-producing commercial asset

• Ideal for future redevelopment, retail expansion, or investment growth

• Monthly Rates: ±R7,942.00

• VAT Registered: Yes

Located in the established commercial node of Georgetown, Germiston, the property offers strong visibility and easy access to Meyer Street, Webber Road, the N17, and the N3. The area supports active commercial trade with nearby retail, transport links, banking facilities, and government services.

Auction Terms and Buyer Info

• Opening bid: R2,000,000

• Buyer Costs: 16.5% payable on auction day

• Registration Fee: R50,000 (live bidders) | R100,000 (telephonic/online)

All bids are legally binding. The highest bidder must sign the Auction Sale Agreement immediately; failure to do so results in forfeiture of the registration deposit. The sale is subject to a reserve price unless stated otherwise. The property is sold voetstoots, and all bidders must provide valid FICA documents before registration.