Weekend Argus (Saturday Edition)

Large Wynberg house used as office for sale

- GAUTENG: Amar Belmedani | 011 633 2305 amar.belmedani@inl.co.za CAPE TOWN: Shevon Philander | 021 488 4118 shevon.philander@inl.co.za

WYNBERG is a rich fusion of commercial and residentia­l properties that have co-existed in harmony for many years, says Mike Baigel, ClareMart Group auction executive.

ClareMart recently facilitate­d the sale of a fully tenanted commercial building in the suburb and is now putting the adjacent home under the hammer, Baigel says.

Situated at 20 Benjamin Road, with general business subzone GB5 zoning, the property is currently used as an office with off-street parking. The house, which occupies a 629m² erf, incorporat­es a boardroom, eight offices, two bathrooms and a kitchen.

Apart from the storage and yard area, there is also parking space for five vehicles.

Baigel believes the property has great investment appeal.

“The demand for commercial space that integrates seamlessly into a residentia­l neighbourh­ood is ever increasing, and there should be no shortage of tenants in the market.”

Viewing is by appointmen­t, and the auction will be held on site at noon on February 28.

The payment terms include a 5% deposit and auctioneer’s fee of 10% excluding VAT, payable on the fall of the hammer by means of bank guaranteed cheque or EFT only. The balance will be payable on transfer.

For more details, email Mike Baigel on mike@claremart.co.za, call 082 926 9479 or 0214258822 or see www.claremart. co.za

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