Prominent commercial property in Retreat is set to go under the gavel
A LARGE three-storey building off Tokai Road in Retreat will be offered on auction by ClareMart Auction Group at its multiple commercial auction this month.
“The property at 60 White Road in Retreat offers huge reconversion potential,” says Mike Baigel, ClareMart’s executive auctions director. “This extensive building, zoned for general industrial use, is partially tenanted to allow for a planned conversion to residential.”
The 793m² ground floor area consists of a 28-bay parking garage and a small area occu- pied by an electronic company on lease, and the first and second floors offer an additional 1 586m². This secure building also has off- and on-street parking.
There will be two show days on October 19 and 27 from noon to 2pm. The property at 60 White Road will be auctioned at the One & Only Hotel, V&A Waterfront on October 31. A five percent deposit and 10 percent auctioneer’s commission are payable on the fall of the hammer. Call Baigel on 021 425 8822 or 082 926 9479 and visit www.claremart.co.za.
This historic double-storey building at 105 Donkin Street, Beaufort West was sold for R2.417 million during ClareMart Auction Group’s multiple commercial auction in August. For more information about upcoming auctions, email Sanjeev Boyjoonauth at email@example.com, call 071 223 9552 or visit www.claremart.co.za.