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Web Ref CL35137
The Terraces Shopping Centre | Edenvale, Johannesburg | On Auction 25 November 2026
The Terraces Shopping Centre | Edenvale, Johannesburg | On Auction 25 November 2026
The Terraces Shopping Centre is a fully let neighbourhood convenience centre in the heart of Eden Glen, Edenvale. Set on a prominent corner with strong street frontage, pylon signage and ample on-site parking, the centre has served the surrounding suburb for years and is woven into the daily routine of the local community.
THE INCOME
Gross annual income of approx. R2,84m, generated by a stable base of tenants that trade on everyday needs rather than discretionary spend.
THE TENANT MIX
A service-based line-up that brings residents back week after week: a well-known pub and restaurant anchor, further restaurants, a sushi outlet, butchery, barber, spa and cellular store. These are services people use in person, close to home, which keeps the centre busy and resilient.
A LOYAL LOCAL CUSTOMER BASE
Eden Glen is an established, family residential suburb. The centre sits within walking and short driving distance of thousands of homes, schools and nurseries, giving it a captive, repeat customer base that larger regional malls cannot easily draw away.
THE PROPERTY
- Freehold, Erf 757 Edenglen Ext 7, Ekurhuleni
- Erf size: approx. 3 889 m²
- GLA: approx. 1 347 m²
- Single-storey, L-shaped centre with covered walkways and outdoor seating terraces
- Business 2 zoning, with two storeys permitted
- Secure palisade perimeter and on-site parking
THE LOCATION
Easy access to Modderfontein Road, the R24 and the N3, with O.R. Tambo International Airport and Greenstone Shopping Centre a short drive away.
AUCTION DETAILS
Date: Wednesday, 25 November 2026
Time: 12PM
Venue: The Wanderers Golf Club, Illovo
Buyer's commission: 10% of the purchase price plus VAT
Bidder registration and FICA documents required before the auction.
A full information pack is available on request.
Contact:
Timothy Counsell
Matthew Counsell
Broll Auctions and Sales
The Terraces Shopping Centre is a fully let neighbourhood convenience centre in the heart of Eden Glen, Edenvale. Set on a prominent corner with strong street frontage, pylon signage and ample on-site parking, the centre has served the surrounding suburb for years and is woven into the daily routine of the local community.
THE INCOME
Gross annual income of approx. R2,84m, generated by a stable base of tenants that trade on everyday needs rather than discretionary spend.
THE TENANT MIX
A service-based line-up that brings residents back week after week: a well-known pub and restaurant anchor, further restaurants, a sushi outlet, butchery, barber, spa and cellular store. These are services people use in person, close to home, which keeps the centre busy and resilient.
A LOYAL LOCAL CUSTOMER BASE
Eden Glen is an established, family residential suburb. The centre sits within walking and short driving distance of thousands of homes, schools and nurseries, giving it a captive, repeat customer base that larger regional malls cannot easily draw away.
THE PROPERTY
- Freehold, Erf 757 Edenglen Ext 7, Ekurhuleni
- Erf size: approx. 3 889 m²
- GLA: approx. 1 347 m²
- Single-storey, L-shaped centre with covered walkways and outdoor seating terraces
- Business 2 zoning, with two storeys permitted
- Secure palisade perimeter and on-site parking
THE LOCATION
Easy access to Modderfontein Road, the R24 and the N3, with O.R. Tambo International Airport and Greenstone Shopping Centre a short drive away.
AUCTION DETAILS
Date: Wednesday, 25 November 2026
Time: 12PM
Venue: The Wanderers Golf Club, Illovo
Buyer's commission: 10% of the purchase price plus VAT
Bidder registration and FICA documents required before the auction.
A full information pack is available on request.
Contact:
Timothy Counsell
Matthew Counsell
Broll Auctions and Sales
Features
Zoning
Retail
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
1,347m²
Land Size
3,889m²
STREET MAP
STREET VIEW
