Regents Park properties up for grabs
Park Village Auctions has been instructed to auction an automotive retail shop and fourbedroom home in Regents Park Estate, Johannesburg South, in the middle of September.
Located at 38 Augusta Road, the 1,980m² retail property is well situated in the heart of the business district. Its modern design and high roof structure 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.
It comprises four adjacent erven developed as an automotive retail shop. The central property has mezzanine floor offices, large retail area and spacious stores. It also has a detached residential dwelling and pavement parking facilities.
With a little TLC, the residential property at 14 Rosette Street, measuring 495m², has 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 retail property will be auctioned on site on September 12 at 11am, followed immediately thereafter by the residential dwelling.
Regents Park Estate is central to the suburbs of Wemmerpan, La Rochelle, Rewlatch, Rosettenville, Turffontein and Klipriviersberg and enjoys easy access to the N17 highway in Johannesburg South. The suburb is home to a healthy mix of residential homes, schools and community retail outlets.
Park Village Auctions’s Jaco du Toit says the property could be repurposed towards something community-orientated, while the house has potential to earn extra income as a buyto-let investment.
Viewing will take place one hour before the auction.