The property, receiving high levels of both passing vehicle and foot traffic, has caught the attention of many developers due to the various redevelopment opportunities it offers.

The property, a total of 2146 m², has General Business Zoning which offers developers widespread development opportunities.

Comments Jason Poultney of Aucor who will be taking the property to auction, ''We have received much interest in this property as it is situated in one of the best positions in Stellenbosch and the redevelopment opportunities it offers are extensive.''

The current building comprises a single storey commercial building consisting of ground floor shops with plant and storage rooms at the rear.

The immediate vicinity of the site is characterised by the motor trade with Toyota and , Mercedes Benz dealerships located on the opposite corners. The locality is also well suited for fast food outlets as the site is in close proximity to student hostels, Kyamandi, Cloetesville and an industrial area.

The auction will take place at The Pavilion Conference Centre, Clocktower Centre, V&A Waterfront, Cape Town at 12pm on Thursday 20 June 2013.

For more information Visit www.aucor.com or please contact Jason Poultney on 084 404 1010.