Main Road retail and residential property to be auctioned

Posted On Tuesday, 23 November 2010 02:00 Published by eProp Commercial Property News
Rate this item
(0 votes)

Auction Alliance will take various sections in Heylon Court, a residential and retail property on Sea Point Main Road, to auction in November.

Property-Housing-ResidentialNo 367 Main Road, Sea Point East comprises a retail unit, fourteen apartments, six storerooms, nine garages and eight staff rooms.

It consists of retail on the ground floor facing onto Sea Point Main Road, with residential units above.

Most properties alongside this route have retail on the ground floor with offices or residential units above. It is a busy area with a high volume of passing and foot traffic.

The site offers a gross lettable area of 1,650m² and generates a rental income of
R85, 296 per month.

The auction takes place at 12pm on November 30 at the Crystal Towers Hotel & Spa, Century City.

Last modified on Thursday, 12 June 2014 12:16

Most Popular

Growthpoint begins construction of the Kent residential apartments in KZN

Aug 26, 2021
Marius Els, Development Project Manager at Growthpoint Properties
Growthpoint Properties (JSE: GRT) has commenced the development of Kent, its first…

On Auction: Iconic Redevelopment Opportunity in Oranjezicht Cape Town

Aug 26, 2021
The_Lenox
Currently operating as a 43 room guesthouse / backpackers.

On Auction: Spacious offices with multiple amenities in Norwood

Aug 26, 2021
Default Image
Spacious offices with multiple amenities on Auction in Norwood.

On Auction: Retail & Offices Property with unutilised bulk in Rivonia Johannesburg

Aug 26, 2021
KTM_Building
The anchor tenant is Road Adventure Dirt (Pty) Ltd (RAD) which is the premier KTM…

Prevance Capital launches the Executive Premier Funding Solution, targeted at experienced, successful property developers and businesses in South Africa

Sep 14, 2021
Are you tired of waiting for lengthy traditional funding methods to be approved? Prevance…

Please publish modules in offcanvas position.