CBD building offers redevelopment opportunity for owner occupier

Posted On Wednesday, 24 August 2011 02:00 Published by eProp Commercial Property News
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During September’s Commercial Multiple auction event on September 27, Fountains Place, a prominently situated property in the CBD, comprising retail and office space, will be brought under the Auction Alliance hammer

Property-Housing-ResidentialThe property is situated at 1 Heerengracht Street, and occupies a high exposure location on the corner of Hans Strijdom Avenue and Heerengracht Street, adjacent to the fountain.   The property borders Cape Town Station, and is situated within close reach of all amenities and major properties within the CBD including the CTICC, Parliament and the V&A Waterfront.

The 9 storey property comprises of both retail and office space, and extends over a GLA of 5588m². The ground floor of the property, hosts a reception area and retail space, and the remaining floors feature office accommodation, which is all of a similar layout.

Comments Ryan Joffe of Auction Alliance, “The property is suited to conversion to residential, and its excellent location affords investors and potential owner occupiers with a prime branding opportunity in the heart of the CBD”.

Auction Alliance recently launched a state-of-the-art mobi site that uses the newest mobile technology. This makes locating investment property as easy and convenient as possible, and is just another way of ensuring that their clients are constantly kept ahead of the game.

The auction takes place at 12pm on September 27, at the Crystal Towers Hotel & Spa, Century City

For more information, contact Ryan Joffe on Tel:  082 333 1665 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.  or Gareth Currie on Tel: 079 490 6470 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Last modified on Tuesday, 10 June 2014 10:16

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