Commercial building on offer
A COMMERCIAL building at 48 Hout Street in the Cape Town CBD will be auctioned off on behalf of its owner, who is relocating overseas.
The owner will be liquidating his South African-based assets which include two Mercedes-Benz sports cars.
The building being auctioned has been extensively renovated and now features Oregon pine floors and marble and glass bathrooms, and the building is fitted with central split air-conditioning. The floor area for the building is 598m2.
E a ch l eve l can be let or used separately and is spread over three levels, each with its own bathrooms. The renovation has been professionally managed with the architect using the old Cape exposed walls as décor.
The ground floor is ideal for a restaurant or club with all its floors being serviced by a dumb waiter (lift). The upper levels open up on to a full balcony and the top level of the building is ideal for a penthouse or exclusive office use.
Architects and other professional service providers would also find this building attractive.
The building lends itself to an investor or owner-user occupying the office levels. The building was previously on the market for R6.4 million and bidding will start at approximately R3.5m.
As part of the property transaction, the Julius Buchinsky Group will auction off six sectional title parking bays in the adjacent Decks building, either with the building or as a separate lot.
Also on auction will be the two Mercedes-Benz vehicles, being a 2004 MB E55 AMG Kompressor and a 2004 350 SLK. Both vehicles are black with a full service history. The vehicles will be auctioned on site immediately after the property auction.
The auction will take place on site at noon on Wednesday, December 2. To view, call Andre Ross on 083 626 0424.
A l s o , v i s i t w w w. j u l i u s buchinsky.co.za.