With Gauteng the production home to over 70 percent of South Africa’s TV and local film industry, the imminent auction on Tuesday 14 June 2016 of five properties within one of the largest studios within the province is bound to stir interest among investors and owner-occupiers, says Norman Raad, CEO of Broll Auctions and Sales.
“Strategically well positioned within Q-Studios on the corner and front of 4th Avenue, 10th Road and London Road which unite the areas of Alexandra and Kew, these properties enjoy good exposure to high traffic volumes, apart from being on the doorstep of one of the country’s major labour forces.”
Zoned industrial, they are also easily accessible from both the N3 and M1, close to all modern amenities and 20km from OR Tambo International Airport.
Adds Raad: “The immediate area offers a mix of similar type industrial and warehousing space in an established industrial node, while the surrounding suburbs include some of the most affluent areas in Johannesburg such as Sandton, Melrose and Wynberg. In addition, the Alexandra Renewal Project is working towards rebuilding and developing Alexandra, and these properties are in a prime position to participate in and benefit from the rejuvenation of the area.
“What makes this tranche of properties very attractive is that all bar one are linked to each other, adding appeal as a lot offering further warehouse, office and yard space. The erf sizes of the five properties are 2 357sqm, 2 874sqm, 2 974sqm, 5 673sqm and 8 922sqm, incorporating office accommodation, warehousing and vacant land.”
The location for the filming of ‘High Rollers’ and ‘Takalani Sesame Street’ screened on SABC,Q-Studios offers excellent facilities for production houses and companies ancillary to the industry and has become a landmark on the Gauteng industry skyline.
The studios draw staff from the local community and have been involved with various community projects, including the Togetherness Fellowship in Alexandra and the Kew Action Group which comprises residents and industrial owners committed to creating a cleaner, safer Kew.
The auction held by Broll Auctions and Sales takes place at noon at The Wanderer’s Club in Illovo, Johannesburg on Tuesday 14 June 2016.
For further information contact Bradley Stephens, MD of Broll Auctions and Sales on 087 700 8269 or 082 443 7731 or email [email protected].