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Mixed Use Building With Development Opportunity In The CBD
updated on May 13, 2026
POA

WEB REF: 765528

Property Summary
  • Selling Price POA
  • Property Type Commercial - Retail
  • Erf Size 100 m2


Description

ONLINE AUCTION Bidding Start Time: Wednesday 27 May 2026 @ 09:00 Bidding End Time: Thursday 28 May 2026 @ 14:30 Registration is essential by Monday 25 May 2026. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. DESCRIPTION: Rare Opportunity To Secure This 185m² Under-roof Mixed Use Property In Prime Location Of CBD. Being positioned on Waterkant Street offers: • On the ground floor, a superette with functional kitchen & bathroom currently tenanted for ±R35,790 pm • 2nd & 3rd Floors there are tastefully renovated apartment with 2-bedrooms, 2-bathrooms & kitchen, lounge and dining, currently tenanted for ±R35,000 pm • Prime location in busy Waterkant Street, Cape Town • Redevelopment opportunity exists for a 16-storey building. Make an offer today. DETAILS: • Erf no: 176423, Cape Town • Erf size: 100m² • Zoning: General Business 7 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

      Cape Town City Centre Cape Town

      Contact Agent(s)

      eMail Agent(s)