Tenanted Atlantis property offers huge potential

A LARGE commercial property in Atlantis’s Wesfleur Circle will fall under the gavel of ClareMart Auction Group during its multiple commercial and investment property auction this month.

“The property is on a prime corner site at 27 Wesfleur Circle,” says executive auctions director, Mike Baigel.

“It consists of four tenanted shops and a large vacant lot on a 3 754m ² erf. The tenants include a pet shop, a surgery, a hardware store and an Islamic lending institution and the vacant erf has potential for additional development.”

Baigel says Atlantis is a key development node with the City of Cape Town and Western Cape Government earmarking the area for massive residential and industrial development.

The property will be on show on February 18 from noon to 2pm and the auction will take place at the One & Only Hotel, V&A Waterfront on Feb- ruary 25 at 12.30 pm. Call Mike Baigel on 021 425 8822 or 082 926 9479 and visit www.claremart.co.za.

OFFICES: This office conversion at 15 Karoo Street, Bellville was sold for R2.9 million under ClareMart Auction Group’s gavel during its multiple commercial and investment property auction. The 396m² on the 595m² erf consists of four separate offices...

GOING: The 3 754m² erf at 27 Wesfleur Circle has four tenanted shops and a large vacant lot.