Commercial Property On Auction in Springs Central

Listing Number: 117310419

Positioned in the heart of Springs Central, this substantial mixed-use commercial property occupies a high-exposure location directly opposite the busy taxi rank, providing excellent visibility and consistent pedestrian traffic. Anchored by well-established national and local tenants, the property offers immediate income with additional value-add opportunities.

The property also presents excellent redevelopment potential for student accommodation, residential flats, or the addition of a drive-thru facility (subject to the necessary approvals).

Video Showcase - https://www.youtube.com/watch?v=8U6MTThJi3U&t=12s
Map Location - https://maps.app.goo.gl/QLgzdYXYpR6kTTVw9

Property Overview

• Gross Lettable Area (GLA): 6,000 m²

• Erf Size: 7,061 m²

• Mixed-use commercial building

• 27 retail shops (2 currently vacant)

• 24 rooms/offices

• 52 basement rooms/offices

• Individual electricity meters throughout

Infrastructure & Improvements

• Borehole with 2.2kW submersible motor

• 5,000-litre water storage tank

• Roof-mounted grid-tied solar system comprising:

  • 200kVA / 200kWp capacity

  • 466 × 455Wp photovoltaic solar panels

  • 4 × 50kW IEC inverters

• Solar panels

• 250kVA generator

• 2 × 750kVA transformers

• CCTV camera system

Tenant Profile

The property is occupied by a diverse mix of national brands and established local businesses, including:

• KFC

• Rage Shoes

• King Pie

• Meat Spot

• Capitec ATM

• Nedbank ATM

• Muffin Mate SA

• New Generation Fashions/Curtains

• Lucky's Fried Chicken

• Don Cellular & Linen

• Esthers Hair Salon

• Zahra Footwear

• Jivani Discount Centre

• SA Furniture

• Future Cash Loans

• Thakeng Pharmacy

• Jo-Piper

• Spares Shop

• Queen Schwarma

• Hamza Tech

• Fast Cell & Repairs

• Topaz Sky Trading

• Living Moment

• Seekers

• New Generation

Investment Highlights

• Prime location in Springs Central

• Directly opposite the main minibus taxi rank

• High pedestrian traffic and excellent visibility

• Established tenant mix with recognised national brands

• Two vacant retail units offering leasing upside

• Potential for student accommodation or residential redevelopment

• Opportunity to introduce a drive-thru component (subject to the necessary approvals)

• Extensive backup power, water and solar infrastructure

• Generator installed

• Solar panel installation

• Nearby public transport (minibus taxi)

Auction Details

Auction Date: Thursday, 23 July 2026
Auction Time: 12:00
Auction Venue: Online

Property Address: 2A Second Street, Springs

Viewing: By appointment.