Tenanted Milnerton apartment block on offer

AN OPPORTUNITY for residential property investors will come up during ClareMart auction Group’s April multiple commercial and investment auction.

“Our group sold a six-unit block on the same street in 2013, and also sold this particular block, which is now being returned to the market,” says n e w b u s i n e s s ma n a g e r, Andrew Edelstein.

Tijgerhof Mansions at 9 Iona Street, Milnerton, is a 12- unit, double- storey apartment block with two wings close to the Milnerton CBD. All the units are tenanted and have two bedrooms, one bathroom and an open-plan kitchen and living area. Secure parking is provided in an open lot at the back of the building.

“The block could be sectionalised in the future,” says Edelstein. “Iona Street is near all major transport routes and has excellent access to northern suburb schools, Canal Walk and Milnerton amenities. Milnerton close to Blaauberg beaches, medical facilities and has good access into the City.”

Tijgerhof Mansions may be viewed by appointment and will be auctioned on April 28 at the One& Only Hotel, V& A Waterfront, at 12.30pm.

Call Andrew Edelstein on 021 425 8822 or see www.clare mart.co.za.