Engen petrol station represents first-rate investment opportunity

Posted On Wednesday, 07 September 2011 02:00 Published by eProp Commercial Property News
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An Engen petrol station in Vredenburg, Western Cape, offers a first-rate investment opportunity.

Property-Housing-ResidentialThis asset comprising an operating petrol station as well as a vacant workshop and retail store, will be brought under the auctioneer’s gavel on September 27, during the upcoming Commercial Multiple auction at the Crystal Towers Hotel & Spa.

The property is situated at 1 Saldanha Road, on the road between Saldanah and Vredenburg.  The property is currently pumping 150 000 litres of fuel per month, and extends over a GLA of 755m². The retail store and workshop will be sold vacant.

Comments Greg Nafte of Auction Alliance, “Due to the current expansion activities occurring in the Sishen-Saldanha Corridor, this well-situated and income producing property, represents a prime investment opportunity”. 

The auction takes place at 12pm at the Crystal Towers Hotel & Spa, Century City.

Last modified on Tuesday, 10 June 2014 09:12

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