Landmark Building on the CBD to Green Point Fan-walk to go on auction with the ClareMart Auction Group

The ClareMart Auction Group will be auctioning a tenanted investment opportunity on Waterkant Street in Cape Town’s CBD at their February Multiple Commercial Auction at the Radisson Blu Hotel, Waterfront.  “The dual level building is an excellent investment opportunity and a chance to own commercial property in the CBD” says Agent, Fadl Hassen.

Currently tenanted by the long running and established Lusitania Café on a month to month basis with no lease in place, 47 Waterkant Street is a double storey building situated on a 108m² erf and is located on the popular fan walk connecting the CBD to Green Point. “The building is located on a thriving thoroughfare within the CBD, with excellent exposure to pedestrians and traffic” adds Hassen. The ground-floor is the Lusitania café’s shop area and the first floor is used as a storage facility for the café.  “The building has multiple uses and with the upstairs area and balcony, there is a great variety of possibilities with what could be done with a property in this section of the CBD” adds Hassen.

47 Waterkant Street can be viewed on Wednesday, February 15 from 12pm to 3pm and Thursday, February 23 from 12pm to 3pm. The property will be auctioned on Tuesday, February 28 at 12:30pm at the Radisson Blu Hotel, Waterfront, during the Multiple Commercial Auction. For information contact Fadl Hassen on 021 425 88 22 or visit www.claremart.co.za