KEEPING YOUR FINGER ON THE PULSE OF THE PROPERTY MARKET

Parow - Mixed-Use Property Investment Opportunity

Sunshine Court, a building with both retail units and apartments that is adjacent to Parow’s bustling Station Arcade is to go under the hammer at ClareMart’s Multiple Commercial Auction on the 24th  of April 2018. 

Situated at the corner of Alexander Street and Station Arcade, with quick pedestrian access to the Parow Station, Sunshine Court is a multi-level 495m² property.  “This is an interesting investment opportunity in a prime location where there is ongoing demand for commercial space and rental accommodation due to the proximity to Parow train station and the considerable passer-by trade,” says Farrell Perling, ClareMart Auction Group’s Executive Sales Head.

Sunshine Court features six street-level retail units and eight apartments on the upper levels.  Details of the lease agreements in place are available on request.

“This is an excellent opportunity for investors to acquire an entire building in a prominent Northern Suburbs location,” adds Perling, “Our highly effective auction model is the ideal process to determine true market value to the satisfaction of both buyer and seller, and we expect much interest in Sunshine Court at our upcoming auction.”

Sunshine Court, Cnr Alexander Street and Station Arcade, Parow will be auctioned at the ClareMart Multiple Commercial Auction on Tuesday, 24th of April 2018 at 12h30, at the The One & Only Hotel, V&A Waterfront, Cape Town.  Viewings are by appointment.  For further information, contact Farrell Perling on 072 040 7274 or 021 425 8822.  Email farrell@claremart.co.za  and visit www.claremart.co.za