Music studios included in Park Village Auctions

A UNIQUE commercial property in Randpark Ridge will soon be brought to market by Park Village Auctions.

The visually impactful, double-storey property stands out at 1 Ateljee Street on the corner of Dale Lace Avenue. Ushaped in form and architecturally designed, the property comprises a mix of sound-recording studios and office space moulded around an appealing open atrium garden area.

The ground floor comprises a reception area, guest cloakrooms, four recording studios, 13 private offices, a large boardroom, a small kitchen, a store/filing room and computer server room.

The upper level features an entrance foyer, a large reception area, 10 private offices, guest cloakrooms and change rooms with showers, a large kitchen with pantry, an entertainment lounge with built-in bar, a small flatlet which is currently being utilised as office space and an open, tiled patio area linked by way of a passage to a large undercover patio with built-in braai.

A freestanding singlestorey building comprising an office, bathroom, staff accommodation and two lock-up garages is also located on the property. About 25 cars can be accommodated courtesy of the property’s numerous parking bays. In total, the property measures 3974sqms.

“This is a gem of a commercial property,” says PVA’s Jaco du Toit.

Buy-to-let investors would also do well to take note of this auction adds Du Toit who says the property could be broken up into segments and leased out accordingly to a number of small businesses.

The fact that this property is located in a quality suburb serviced by numerous other ‘feeder’ amenities and businesses simply bolsters its appeal, he says.

1 Ateljee Street will be auctioned on site on Tuesday, October 1 at 11am. For further information, contact Park Village Auctions on (011) 789 4375 or go to www.parkvillageauctions.co.za

Get commercial property news by email

Free alerts when we publish — pick a focus or get everything, unsubscribe in one click. Subscribe »