KEEPING YOUR FINGER ON THE PULSE OF THE PROPERTY MARKET

WEBREF: 6590

TENANTED COMMERCIAL CORNER BUILDING WITH REDEVELOPMENT POTENTIAL WITH ADJOINING PROPERTY

226 Main Road, Wynberg

Property Description

SOLD FOR R 4 322 000

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.

Auction Venue

AUCTION VENUE

THE ONE & ONLY HOTEL, V&A WATERFRONT, CAPE TOWN

AUCTION TIME

27/11/2018

12h30

Property Location

Property Info

226 Main Road, Wynberg

CONTACT AGENT

Mike Baigel

0829269479 or 021 4258822

ENQUIRE NOW

ON SHOW DATES

Tuesday 20 November 2018, 12 - 2 pm