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Description

ONLINE AUCTION – COMMERCIAL/INDUSTRIAL TENANTED CENTRE AT 49 MILITARY ROAD, RETREAT

Prime, Centrally-Located Commercial/ Industrial Property.

3216m2

Zoned GB1.

This Prime Property is the last of Properties of this size, in the area, still in Private Hands.

Perfect for a Development.

Borders the expansive Residential node of Steenberg, Retreat , Allenby Estate, Frogmore Estate, Tokai  & Kirstenhof.

Alongside the Commercial / Industrial node of Steenberg , Tokai & Kirstenhof.

Very conveniently located on the Railway Hub, directly opposite Steenberg Railway Station. On the Bus & Taxi Route.

600 metres from the M4 ( Main Road)

2 minutes from the M5 

( Prince George Drive)

3 minutes from the M3

5 Minutes from Baden-Powell Drive & Muizenberg Beach.

270 Degree View of the Constantiaberg Mountains.

7 Storey Structure would make for Peninsula-wide views.

Close to all amenities such as Builders Warehouse, the Blue Route Mall , Shoprite , Pick 'N Pay, Woolworths, and Good Schools.

This Property is ideal for any Commercial / Industrial Enterprise , as well as a Residential Development. 

Ideal for Owner/ Tenant , with huge upside Rental Potential.

Bids/offers are now open and will close on 31st May unless sold prior. Income R492 000 per annum with vacant land next to centre for prime development. 5% deposit on purchase price plus auction commission of 10% plus vat thereon which is over and above accepted offer is payable immediately.

Contact auctioneer for private viewing and/or auction terms & conditions

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Details

Updated on March 18, 2021 at 2:21 pm

  • Reference #: 1322144
  • Suburb / Town: Cape Town
  • Property Type: Retail
  • Stand Size: 3216.0 m²

Additional Features

  • Mandate Price:total gross price

    Address

    49 Military Road

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