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2,993m² Apartment Block For Sale in Parow Valley

AUCTION

108 Joubert Street, Parow Valley, Cape Town
Web Ref No CL34604

Fully Tenanted Apartment Block - On Auction 21 November

On Auction 21 November - Fully Tenanted Apartment Block

The subject property has an approximate GLA of 2 993m² and sits on an erf which is 3 965m² in size. This site presents an extremely rare opportunity for all prospective investors due to its 100% occupancy as well as the pristine condition of the building.

It is extremely well maintained with a paved walkway, making the retail section easily accessible with increased foot traffic.
This block of apartments consist of 68 apartments which are all 41m² in size while there are 3 retail units which are fully occupied on the ground floor.
Along with both the residential and retail components, this site boasts a high volume of parking bays which proves to be an extremely attractive feature for all investors as well as the occupants.


- GLA: ± 2 993m²
- ERF: ± 3 965m²
- Fully occupied
- Zoning “Local Business 2”
- GAI: ± R6 187 695
- 60 Parking bays

Features

Zoning Commercial
Floor Size 2,993m²
Land Size 3,965m²

Broker Contact Details

Ismail Hendricks
Broll Auctions and Sales

Cell 082 908 6653
Office (087) 7008289
WhatsApp Me

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