Claremart

KEEPING YOUR FINGER ON THE PULSE OF THE PROPERTY MARKET

WEBREF: 7150

ENTIRE TENANTED BLOCK OF 26 FLATS & 3 COMMERCIAL UNITS- PAROW

333 VOORTREKKER RD,114 & 114A WYNNE STREET PAROW

Property Description

SOLD FOR R 19 242 000

DESCRIPTION:

  • Located in sought after area opposite Parow Centre & next to Fairfield 
  • Butchery with access from 2 roads offering:       
  • 26 Tenanted apartments ( 12 x  65m² , 11 x 75m² & 3 x 50m²)
  • Plus 3 x tenanted commercial units ( 1x 40m² & 2 x 85m²)
  • Plus 11 x lock up garages- could be converted into 10 bachelor units
  • Gross income R 2 600 000 per annum or (R220 520 per month) – offering high returns with 10% annual increase
  • Property not sectionalised offering massive potential to buyer.
  • Huge re-development potential, increase the bulk and increase income

DETAILS:

  • Erf no: 3431, 3419 and 3420
  • Erf size: 1477m²
  • GLA size: 3000m²

CAN'T MAKE THE AUCTION?

Telephonic bidding facilities available!

T's & C's Apply

Auction Venue

AUCTION VENUE

Hellenic Club, 24 Bay Road, Mouille Point

AUCTION TIME

28/08/2019

12h30

Property Location

Property Info

333 VOORTREKKER RD,114 & 114A WYNNE STREET PAROW

CONTACT AGENT

Sanjeev Boyjoonauth

0712239552

ENQUIRE NOW

ON SHOW DATES

Tuesday 18 June 2019, 3 - 5 pm