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Auction Date: 27/11/2018     Start: 12:30     Commercial Property

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Wynberg - Tenanted Commercial Corner Building with Re-Development Potential with Adjoining Property

Wynberg - Tenanted Commercial Corner Building with Re-Development Potential with Adjoining Property

Wynberg - Tenanted Commercial Corner Building with Re-Development Potential with Adjoining Property on Auction

PROPERTY DESCRIPTION:
Fully tenanted commercial corner building.
Short Term Leases in place.
High foot traffic and visibility provides an opportunity to maximise income.
Redevelopment opportunity with adjoining property at 20 Benjamin Road.
Sold separately and together.
Property has been sectionalised into 4 separate units.

DETAILS:
Erf no: 66937, Cape Town
Erf size: 507m².
Rates p.a. ± R34,929.
Zoning:  General Business 5.
Rental income p.a.: ± R 526 944.

Auctioneer Details

Claremart Auction Group Logo
Claremart Auction Group
226 Main Road, Wynberg
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