Retail shop, house up for grabs
COMMANDING PRESENCE: WELL SITUATED IN THE HEART OF THE BUSINESS DISTRICT
It could be re-purposed towards something community orientated.
Park Village Auctions has been instructed to auction an automotive retail shop and four-bedroom home in Regents Park Estate, Johannesburg South, in mid-September.
Located at 38 Augusta Road, the 1 980sqm retail property is highly visible and well situated in the heart of the business district.
Its modern design and high roof structures give it a commanding presence and plenty of room to bear the new name of the buyer’s business with room to spare for additional branding and signage.
Comprising four adjacent erven developed as an automotive retail shop, the centrally situated property has mezzanine floor offices, large retail area, as well as spacious stores.
It also has a detached residential type dwelling and pavement parking facilities.
With a little TLC the residential property, number 14 Rosette Street measuring 495 sqms, offers charm in spadesful with plenty of potential for busy families who are looking for a central location near schools, businesses, main roads and highways. It is a single storey dwelling comprising an entrance foyer, lounge, dining room, family room, kitchen, four bedrooms, two bathrooms, garage and staff accommodation.
The property will be auctioned on site on Tuesday, September 12 at 11am, followed by the residential dwelling.
Regents Park Estate is central to Wemmerpan, La Rochelle, Rewlatch, Rossetenville, Turffontein and Klipriviersberg and enjoys easy access to the N17 Highway in Johannesburg South.
The suburb is home to a healthy mix of residence, schools and community retail outlets.
As such, PVA’s Jaco Du Toit points out the property could be re-purposed toward something community orientated, while the house has potential to earn handy extra income as a buy-to-let investment