Entrepreneurial investors, recognizing a lucrative opportunity, can rely on ClareMart Auction Group to offer affordable and competitively priced commercial property at auction. To this end, a small shopping complex, located in a popular location in Rylands Estate, will be on offer at ClareMart’s auction in June 2018.
The sizeable building of 687m², is located on the corner of Ruth Street in Rylands, and consists of four shops. Located in a residential area near other shops, a park and medical facility, it is perfectly positioned for easy location by potential customers. With its excellent exposure on three frontages, the building offers the added benefit of signage branding on the building.
The property has ample off-street parking for customers and a secure backyard parking area for tenants. All the units in the building are currently tenanted and offers potential buyers fantastic returns on the investment.
The building has huge redevelopment potential and the right attention could hugely increase its overall value. The property is located in a community focused environment which would support the right commercial enterprise.
Don’t miss out on a unique opportunity to own this building with its development potential, that will be auctioned by ClareMart, as part of a multiple commercial property auction, at The One & Only Hotel, V&A Waterfront, Dock Road, Cape Town, on Wednesday, 27 June 2018 at 12h30.
For more information, and an appointment to view this property at 68 Ruth Road, Rylands Estate, Athlone, contact Andrew Edelstein, on 082 940 0478 or 021425 8822 or email@example.com and visit www.claremart.co.za for the terms of auction.