Development potential in this commercial property in Koeberg Road, Cape Town

Posted On Thursday, 25 May 2006 02:00 Published by eProp Commercial Property News
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A property comprising a café, plant nursery and flat and situated in busy Koeberg Road in Rugby, in the burgeoning Milnerton area of Cape Town, is soon to be auctioned by Pam Golding Commercial Properties.

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Situated on a prime corner stand of 1119sqm and zoned for general business, this property yields a sound rental income, says Paddy Smuts, CE of Pam Golding Commercial Auctions.  "It also offers the investor an opportunity for development of the property into office and ground floor retail space - being in such a highly visible and busy area - or for a motor vehicle showroom.  In fact, we have already had interest expressed in the latter, by a potential investor," says Smuts.

The auction date will soon be advised. For further information contact Victor Schönborn of Pam Golding Commercial Auctions on 083 792 4169.

Last modified on Wednesday, 18 June 2014 14:19

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