Auction: Commercial/Residential Development Opportunity

Posted On Wednesday, 28 November 2012 07:43 Published by eProp@News
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An exciting Development Opportunity, a stone's throw from the new Centurion Gautrain Station, is going under Auction Exchange's gavel.

This incredible opportunity is in the evolving centre of Die Hoewes. 9000m² of land, very close to Centurion Mall and excellent clinics, and within walking distance of the Gautrain Station, is up for grabs.

In line with planning guidelines for the area, council will support a residential or office park development with a FAR of 0.6 and height of 3 storeys. ±70 opportunities are allowable on land of this size.

There are currently two houses and one cottage on the property. These are tenanted on a month to month basis, at a total monthly rental of R13 000.

The auction will take place at The Westcliff Hotel, 67 Jan Smuts Avenue on 6 December 2012 at 12H00. For further information you can contact Gift on 082 680 7127 or visit www.auctionexchange.co.za

Auction Exchange is part of The Bothongo Group, whose portfolio of Commercial and Residential property is valued over R3.5 billion. A group of passionate, dedicated individuals opened Auction Exchange in May 2012 in order to meet the market's demand for a clear and unpolluted asset disposal mechanism.

Auction Exchange offers a full range of services, including Commercial and Residential Property auctions.

Last modified on Wednesday, 28 November 2012 08:11

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