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SAIA - South African Institute of Auctioneers

ONLINE AUCTION OF 3 COMMERCIAL UNITS WITH PARKING BAYS AT THE SENTINEL WITHIN THE HEART OF CAPE TOWN CBD COMMERCIAL PROPERTY AUCTION IN CAPE TOWN, CBD, WESTERN CAPE AUCTIONED BY LIQUIDITY SERVICES SA (PTY) LTD

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CAPE TOWN, CBD - COMMERCIAL PROPERTY

ONLINE AUCTION OF 3 COMMERCIAL UNITS WITH PARKING BAYS AT THE SENTINEL WITHIN THE HEART OF CAPE TOWN CBD

DESCRIPTION:

Please note: R12 400 000 is the starting price of auction bids, not final sale price.

The Sentinel is a mixed use sectional title scheme.

- Section 1 SS The Sentinel: +- 507m²
- Section 2 SS The Sentinel: +- 205m²
- Section 3 SS The Sentinel: +- 210m²
- Storerooms: 2
- Parking Bays: 5

The subject units above are situated in The Sentinel, on the corner of Loop and Leeuwen Street in Cape Town CBD. The building is modern having been recently developed in 2018. Section 1, 2 and 3 are essentially vacant shells.

Section 1 (The Shop) has excellent frontage onto Leeuwen Street and some exposure to Loop Street. Accessed from a door at the intersection of Loop and Leeuwen. The Office units are situated above the shop with access from Loop Street (Section 2) and the other from Leeuwen Street (Section 3) Section 3 has access to a balcony. Additionally, there are 5 parking bays situated in the parking garage and 2 storerooms. The 5-star Pepper Club Hotel is situated within a short distance with popular Bree Street in close walking distance, bustling with numerous coffee shops, bars and restaurants. The property is also close to the Cape Town High Court & has superb access from Loop Street, this being a major link road through the CBD with the N1 and N2 National Roads being a short distance away. MyCity buses (public transportation) stop along Loop Street too.

This prime opportunity is perfect for either a retail operation or for office usage – could be perfectly suited for legal or accounting firms.

• Starting price of auction bids: R12 400 000
• Online Auction Closing: 12 May 2021 from 12:00
• Property location: 25 Leeuwen Street, Cape Town, Western Cape
• Viewing: Please contact Kim Faclier

FEATURES:

3 Commercial Units with Parking Bays at The Sentinel

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