Well-sited Parow business premises offers good potential

A BUSINESS property on the border of Parow Industrial and within walking distance of Parow train station, 14 Connaught Street will fall under ClareMart Auction Group’s gavel during its multiple commercial auction this month.

“This property has been used as a site for business and most of the properties on this stretch of Connaught Street are used for commercial purposes,” says Victor Strydom, ClareMart auction consultant.

“The existing developments include a three-roomed building with a kitchen and a bathroom, as well as a flatlet with an en suite bathroom. Features that enhance its usability as a business premises include a loading bay, a garage and offstreet parking for eight cars.”

Security has been enhanced at 14 Connaught Street with recent development of a surrounding 1.8m wall and an automated sliding gate.

“With its proximity to Parow’s industrial area and the train station, there’s significant vehicle and pedestrian traffic passing by,” says Strydom.

Viewings are by appointment. The property will be auctioned at the One & Only Hotel, V&A Waterfront on October 31 at 12.30pm. A five percent deposit and 10 percent auctioneer’s commission are payable on the fall of the gavel, with the balance payable on registration of transfer.

For details, call Strydom on 021 425 8822 or 083 478 7579, email victor@claremart.co.za or visit www.claremart.co.za.

This property at 14 Connaught Street, Parow will be auctioned on October 31.

The Island Club overlooks the canal at Century City.