Web Ref No CL34499

ON AUCTION 22 MAY 2024 - HERITAGE HOME - VERSATILE COMMERCIAL / RESIDENTIAL OPPORTUNITY!

Property Location:
The subject property is on the northern side of the M1 Freeway, situated in “Leafy Parktown” but has no exposure onto the M1 and is instead accessible via Rockridge Road.

This historic property is surrounded by the older stately "Randlord" houses from the mining magnate era which have been converted into a scenic business node. Access to Rockridge Road is via a manned security check-point on Eton Road.

Ideally located to major hospitals, top schools and tertiary institutions!

Property:
This versatile property with residential 1 zoning in place offers you the opportunity to run it as a commercial concern or take advantage of making this prestigious address your personal home of distinction. Potential uses include upmarket spa and wellness centre, conference centre, corporate offices or even a consulate.

This highly appealing "Stonehouse" property offers a beautifully secluded entertainment area that would be ideal for functions and weddings.

Property Features:
• Heritage home is known as “St Margaret’s House”
• Main dwelling converted to executive office space, easy resi conversion
• Vacant occupation
• The “West wing” is 3-floor structure consisting of a 2 bedroom residential flatlet plus offices and a loft area
• 8 Carports on the west side of building
• 2 Free-standing, single entertainment areas
• Secured on all sides of property
• Landscaped gardens with rock gardens & koi ponds