Premier high yield property on the auction block in March
With heightened global volatility and shifting capital markets experienced as a result of the Middle East conflict, investors have received yet another reminder about the compelling appeal of holding physical assets.
Broll Auction and Sales’ upcoming multi-property property auction presents investors with 41 diversified opportunities to anchor portfolios in income-generating, bricks-and-mortar fundamentals.
“In a market already buoyed by declining interest rates and renewed appetite for bricks-and-mortar yield, the upcoming Broll Auctions and Sales event offers exactly the kind of diverse, income-generating stock that commercial buyers are looking for,” said Norman Raad, CEO of Broll Auctions and Sales. Spanning three fuel stations, multiple retail properties, two commercial investment buildings and four industrial sites, the line up reflects both the breadth and depth of opportunity currently available in South Africa's commercial property sector. “This is a departure from such a low base and previous year’s challenges in the property sector, we are seeing real growth and opportunity in 2026.”
Resilient, hard-working assets
Fuel station assets have long been regarded as among the most resilient investments in the South African commercial property landscape, combining essential-service operations with strong foot traffic and supplementary retail income. "Fuel stations continue to attract bidding wars because they combine defensive income with essential-service status.”
A retailer-owned Engen filling station in the central business district of Sterkspruit is being offered as both property and business in one transaction. The forecourt's 24-hose canopy dispenses both diesel and petrol, with the station currently pumping a monthly average of approximately 275,000 litres. Beyond the forecourt, improvements include a fully equipped convenience store, a liquor store, an internet café, freezer rooms and a cold room. The property is a prominent and regionally dominant site in the Eastern Cape offering high returns. A large adjacent vacant stand offers further development potential.
At the intersection of Kensington’s well-known Queen Street and Pandora Avenue, this income-producing fuel and commercial site occupies four consolidated stands. The forecourt currently dispenses approximately 90 000 litres per month across ULP95 and diesel. The retail licence will be surrendered, offering the buyer a full rebranding opportunity. With direct connectivity to Albertina Sisulu Road, Jules Street, and the N3, M2 and R24 highways, the site enjoys exceptional arterial access.
In Durban, a proven income-generating fuel station in Umlazi offers a rare opportunity to secure high-yielding asset in a well-populated area. Tenanted workshops on site offer rental revenue. Strategically located on Phila Ndwandwe Road (Orient Road) with direct highway exposure, and 300m from Umlazi Mega City, one of the region’s dominant retail hubs, this asset is in a densely populated node.
Be part of the retail sector’s resurgence
Described as the first and largest retail centre of its scale in Qumbu in the Eastern Cape, this newly built shopping centre is adjacent to the town's transport hub on the N2 national highway, delivering outstanding foot traffic and trading density. The centre comprises 27 tenants across 7,321m² of GLA, fully let with 96% national tenants anchored by Jwayelani. It has maintained full occupancy since inception, with multiple national groups currently in discussions to expand into the centre. Additional development bulk on the large erf provides further value-add potential.
A fully-let convenience retail centre in Evaton on a corner site of just under two acres, this U-shaped development anchored by SuperSpar generates gross monthly rental in excess of half a million rand. With exposure on one of Evaton's main corridors and direct access to the R28 and R553 arterials, the property offers both strong existing income and value-add potential through the absorption of current vacancies.
Adaptive reuse trend opportunities
The former City Lodge hotel in Johannesburg’s Newtown precinct is a generational opportunity in waiting. The property has 148-high quality rooms, with the option to convert the first floor into an additional 12 units. The property includes 55 basement parking bays, pool, bar and gym. Sold vacant, it is ideally suited to a residential investor, student accommodation operator, or hospitality group seeking a fitted building in a central urban location with direct highway exposure.
A multi-storey, mixed-use building on the corner of Paul Kruger Street and Pretorius Street in one of Pretoria's busiest urban nodes offers ground-floor retail beneath eight floors of office accommodation. Three basement levels provide 200 parking bays - a significant competitive advantage in a dense inner-city environment. A central glass-roofed atrium floods the building with natural light. High current vacancy levels present substantial repositioning potential, including conversion to residential or student accommodation, in a location that boasts constant foot traffic and good public transport access.
Invest in SA’s robust industrial property sector
Industrial property has been South Africa's standout commercial asset class in recent years, with low vacancy rates driven by robust occupier demand, constrained new supply and the continued growth of logistics and distribution activity in most of the country’s larger hubs.
An exceptional, immaculately maintained A-grade industrial facility in, Meadowdale Germiston, with direct highway and intersection exposure on the R24, is on auction. Multiple-level warehouse space with internal access ramps makes it ideally suited to distribution, storage, car rental or light manufacturing operations.
Home to Toyota for several decades, a large dealership property in Springs' established automotive industrial hub spans over eight erven with approximately 2,900m² under roof. Improvements include multiple showrooms, workshop areas and office space and large yard, all purpose-built for high-volume automotive / showroom / dealership operations.
A substantial, high-capacity industrial property in Rosslyn offering over 6,340m² of GLA on a generous erf with no transfer duty payable, will be taken to auction. The facility features an open-span warehouse with reinforced heavy-duty flooring, numerous roller shutter doors, a large yard suitable for superlink articulation and container storage, and over 450kW of prepaid power supply, making it suitable for energy-intensive manufacturing or logistics operations.
"Industrial property remains the darling of the commercial real estate sector, and for good reason," said Raad. "Vacancy rates are low, rental escalations are holding, and occupier demand, especially from logistics, distribution and light manufacturing businesses, show no signs of slowing.”
The auction takes place on 25 March 2026 at noon at The Wanderers Club in Johannesburg. Visit Broll Auctions and Sales or email info@brollauctions.com for more.
