The property will be sold on the basis of vacant occupation.
The property, located on Uitkyk Street, is situated at the entrance to Franschhoek and offers beautiful views of the surrounding area.
The property is situated near to the popular Franschhoek Shopping Centre offering national outlets including Pick n Pay and Postnet and surrounded by numerous tourist attractions including boutique stores, guesthouses and wine-estates.
The property, currently used as a barn, extends over a GLA of ± 225m² and comprises 2 independent rooms and a large expansive area.
Both rooms feature large floor areas and the original timber beams and trusses spanning the length of the floor area. The expansive area covers the bulk of the building and includes 3 separate sliding doors, numerous electrical outlets and high ceilings with the opportunity for the construction of an additional floor.
Comments Jacques Coetzer of Auction Alliance, “The prime location of this property coupled with the significant development which has occurred in the Franschhoek area in recent years, makes this property an excellent redevelopment opportunity.
Approved plans are already in place proposing the redevelopment of the barn into an up-market commercial building as well as additional plans that involve converting the barn into a luxury residential home”.
The auction takes place at 12pm at Crystal Towers Hotel & Spa, Century City on the 13 April.