Various properties on offer in PE area

● WH Properties will take multiple assets in the Port Elizabeth area to the auction block in early November.

This multi-property, in-situ auction will offer a range of hand-picked assets including commercial premises, industrial sites, offices, residential homes and attractive land development opportunities.

Typically situated in and around hightraffic nodes and some within close proximity to established shopping areas, many of these assets offer great income-producing potential.

● Two prime Newton Park properties.

With a combined land size of 3,212m², this property comprises three separate erven with renovated offices and a 250m² warehouse. Erf 2008, 2009 and 2768 Newton Park are on the corner of Mangold Street and 2nd Avenue. This is a rare opportunity for an owner-occupier and will be sold individually or as a lot.

● Landmark site-conversion opportunity.

Great conversion opportunity with highway exposure — erf 1645 and 1648, 29 Govan Mbeki Avenue. This property consists of an eight-storey commercial/retail building located in the heart of the PE CBD. It is situated on two erven with a total gross lettable area of approximately 2,200m². The building comprises ground-floor retail with two shops currently occupied. A large basement beneath the clothing store contains change rooms, storage and ablutions. The building’s upper floors consist of offices, which are vacant. On the roof is a penthousestyle meeting room.

● Three-bedroom house, Greenacres.

The property consists of a three-bedroom, one-bathroom house with outbuildings on erf 1345 Mount Road — 24 Nile Road, Greenacres. With 1,544m² and frontage along Norvic Road it offers a great opportunity to redevelop for business or commercial purposes as it has already been rezoned to allow for offices and other business uses.

● Three-bedroom, two-bathroom house,

Greenacres.

The property includes outbuildings on erf 1344 Mount Road — 26 Nile Road, Greenacres. With 1,450m² and frontage along Norvic Road it has been rezoned to allow for offices and other business uses.

● Development land, Greenbushes.

Erf 25 Greenbushes offers almost 2ha of prime development land for light industrial, manufacturing or high-density residential use. It has excellent exposure along Cape Road and much of the surrounding area has already been developed for industrial and manufacturing purposes.

● Car dealership building.

The property covers four erven and has a combined erf land size of 3,713m². The property enjoys street-front exposure along both Govan Mbeki Avenue and North Road. Previously utilised as the head office, main showroom and service centre for Hyundai PE, improvements include a showroom, offices and workshops with a total gross lettable area of 5,523m². The main parking area is being rented out for vehicle storage. ● Landmark building, North End.

R1.2m gross income. Owner relocating. Erf 1306, Rem 1307, 3680 & 3753 North End — 664 Govan Mbeki Ave, PE.

● Offices, Newton Park.

Erf 1784 Newton Road — 96 2nd Avenue. The property is located a stone’s throw from bustling Cape Road and consists of a standalone residential house now converted into attorney’s offices.

● Logistics, storage and distribution, Markman Industrial.

Erf 431 Wells Estate — 431 Chrysler Street. The property consists of a logistics and storage facility measuring 14,220m². Improvements comprise a large warehouse with outbuildings and a massive yard. The property is used as a storage and distribution facility and offers R1.3m net annual income.

Auction date: November 6 at noon. Auction venue: Summerstrand Hotel, Marine Drive, Summerstrand.

For further information and to obtain detailed buyer’s packs, contact Joshua Pelkowitz on 072-536-5482 or visit the website: www.whpropertiesco.za