KEEPING YOUR FINGER ON THE PULSE OF THE PROPERTY MARKET

Petrol Station Site With Commercial Re-development Potential

Athlone, particularly along Klipfontein Road, is a busy mix of commercial and residential spaces intertwined, with high visibility and constant traffic, both vehicular and pedestrian, all day long.

Commercial property in this area is, by virtue of its location alone, already highly sought after. Here is an opportunity to own a 1700m² mixed use building, on a 1878m² erf, with General Business 1 zoning.

The site comprises a petrol station with pumps and canopy, as well as fully tenanted residential and commercial units. There is massive re-development potential.

With a huge demand for both residential and commercial space in this area, there is no shortage of tenants in the market. With clever redesign, the income generated by the various sections of the property, could be significantly increased,” said Sanjeev Boyjoonauth, ClareMart Senior Auction Agent.

On show at 1 Klipfontein Road (cnr Pluto Rd) on Wednesday 15 and Tuesday 21 November from 12-2pm.

A 5% deposit and 10% auctioneer’s commission (excluding VAT on commission) will be payable on the fall of the hammer. The balance is payable on registration of transfer. For more information, contact Sanjeev Boyjoonauth on sanjeev@claremart.co.za, 021 425 8822 or 071 223 9552, and visit www.claremart.co.za