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Retail and Apartment opportunity to go on auction

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32 Voortrekker Road, Kempton Park 32 Voortrekker Road, Kempton Park

A centrally located retail and apartment block, located at Bitouw, 32 Voortrekker Road, Kempton Park, will be going under the gavel during Auction Alliance’s next Commercial Multiple auction on February 15 at the Hyatt Regency Hotel, 191 Oxford Road.

The property enjoys prime position within Kempton Park CBD and high exposure on one of the main arterials leading from the R21 Freeway. Furthermore, the property is in close proximity to the Arwyp Medical Centre, and the Rhodesfield Gautrain Station is conveniently located only 3km south of the property. It boasts a GBA of approximately 1005m2.
 
The property hosts 2 double-storey buildings (connected by a double walkway) as well as a separate worker building and laundry area. The southern building hosts 3 retail areas (2 with kitchenettes) and further storage and office areas. It also hosts 9 apartments, all of which have a kitchen and living area; 6 are two bedroom units with the further 3 being one bedroom units.
 
There is additional workers accommodation consisting of 2 rooms and toilets.
 
“Acquisition of this multi use property can provide a lucrative retail and apartment opportunity,” comments William Amerseder of Auction Alliance.
 
The auction will take place on February 15 at 12h00 at the Hyatt Regency Hotel, 191 Oxford Road.
 
Click here to view more Auction Info

 

Nedbank Corporate Property Finance

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