2009's LAST AUCTION PROMISES DIVERSE PORTFOLIO

Leading auctioneers, ClareMart Auction Group is gearing up for their last Multiple Commercial Auction for 2009. The diverse portfolio of property they have hand-picked for their December auction promises to yet again, offer superb investment opportunities to investors, developers and property players. Gems in the portfolio include landmark main route properties and Director Farrell Perling highlights these as “sure-buys” for those wishing to add to their commercial portfolios.

In Blouberg AAA grade office and retail space is on the block. The multi-tenanted building situated at 19 Popham Street on the corner of Blouberg Road, offers high visibility and a Nett income of R1.6 million per annum. Says Director, Farrell Perling, with all expenses being recovered from tenants. This multi-storey property offers high visibility and is positioned close to Blouberg’s famous beachfront business hub. It offers quality office and retail space and it a rare opportunity along this busy stretch.

On Koeberg Road in Milnerton, a modern 3000m² commercial and industrial complex is on offer. 442 Koeberg Road is located on one of the busiest routes in the Western Cape and an ideal purchase for an owner occupier or investor. There are two buildings which can be combined or used separately. The main building extent is 2218m² under roof,  consisting of showroom, offices and warehousing. The second building is a double storey in extent  730m² which can be tailored to a tenants requirements. There are superb finishes throughout.  In addition there are 38 parking bays, 7 under shadecloth, and good security. Rarely does a property of such quality become available.
 In the heart of Cape Town CBD, a rare opportunity awaits. This five-storey character building situated at 6 Parliament Street offers, according to auction consultant, Rod Harris a host of opportunities. “The building features original wooden floors and character finishes, it will be ideal as a boutique hotel as it is located on the doorstep of all the attractions the CBD has to offer” says Harris. The building also lends itself to use as corporate offices with rental parking available nearby.

These properties will fall under the hammer at ClareMart Auction Group’s Multiple Commercial Auction to be held at the Mount Nelson Hotel on Wednesday 9 December at 12:30. For more information contact the ClareMart Auction Group team on 021-425 8822.