ONLINE AUCTION
Bidding Start Time: Wednesday 03 December 2025 @ 09:00
Bidding End Time: Thursday 04 December 2025 @ 14:30
Registration is essential by Monday 01 December 2025.
Pre-Auction Offers may be considered. Auction Finance Available.
For more information, please contact the listing agent.
DESCRIPTION:
Positioned in one of Wynberg’s busiest commercial pockets, this investment asset offers strong visibility and constant pedestrian movement. The building spans approximately 536m² and is currently occupied by three established commercial/retail tenants, ensuring a steady and reliable rental return from day one.
Its location places it right on the doorstep of Wynberg’s main transport network, with the taxi rank and train station situated only a short walk away making the site especially attractive to businesses that depend on commuter traffic and daily walk-in customers.
The property also benefits from easy access to major connecting routes such as the M5 and N2, enhancing its reach and convenience for both staff and clients. Classified under General Business 1 zoning, the site supports a wide spectrum of commercial applications from retail and office use to potential mixed-use upgrades.
Overall, this is an investment that combines immediate income stability with the upside of long-term value growth, driven by its central position within a rapidly developing commercial node.
High foot traffic: Located near the major transport hubs in Wynberg. Investment opportunity: Current tenants in place for rental income with option to extend.
Accessibility: Very accessible located near main road.
DETAILS:
• Erf no: 68463, Cape Town
• Erf size: 536m²
• Zoning: General Business 1
PAYMENT TERMS:
2.5% Deposit & 10% Auctioneers fee (excl. VAT on fee); Payable on the fall of the hammer by means of EFT only. Balance payable on transfer.
REGISTRATION REQUIREMENTS:
To bid at the auction you need to provide a copy of your identity document and current proof of residence (not older than 3 months) as well as a R20,000 refundable registration fee.
DISCLAIMER:
The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.
Property Address
Wynberg, Cape Town, Western Cape
