ONLINE AUCTION: OFFICE/PENTHOUSE AT WALE STREET CHAMBERS, CAPE TOWN CBD COMMERCIAL PROPERTY AUCTION IN CAPE TOWN, WESTERN CAPE AUCTIONED BY BIDDERS CHOICE

This office / penthouse space, located on the 11th floor of The Wale Street Chambers in Cape Town's CBD, is available on this online auction. Spanning 521m², including a terrace deck, it sits at the corner of Wale and Long Street, with views of Signal Hill and partial views of Table Mountain. The 295m² registered office area includes a lobby, three enclosed offices, an open-plan workspace with four dry-walled cubicles and two enclosed dry-walled offices, a kitchenette, and two separate toilets. The 226m² exclusive-use terrace complements the space. The property comes with three parking bays - two single and one tandem. Zoned as General Business 7, it permits both commercial and residential use, pending body corporate approval.

Online Auction Details:

·        Bids Open: 15 November 2024 at 08:00

·        Bids Close: 21 November 2024 from 11:00

·        Viewing: By Appointment Only

·        Address: Cnr Wale & Long Street, The Wale Street Chambers, Cape Town CBD

·        Auction Link: https://vr2.vortexauction.com/bidderschoice/upcoming-auctions/11226-property-515m-penthouse-off

Terms & Conditions Of The Online Auction:

·        R50 000 registration fee payable

·        FICA documents

·        5% Deposit payable on the fall of the hammer

·        10% Buyers commission plus VAT payable on the fall of the hammer

Contact:

Catherine - 079 170 3611

To register for the online auction; Contact the office at 086 144 4242 or [email protected]

To create a profile for the online auction platform, follow this link: Sign Up

Property Description:

Office space: ±295m² (registered size) comprises of;

·        Lobby area & 3 separate enclosed offices

·        Open plan office with 4 dry wall partitioned cubicles and 2 enclosed dry wall offices

·        Kitchenette area and 2 separate toilets

·        Terrace/Deck (Exclusive Use Area) measuring ±226m² (registered size)

·        2 single parking bays and a tandem parking bay

·        It enjoys views of Signal Hill and partial views of Table Mountain.

Zoning:

The property is zoned as General Business 7, which allows for a mixed-use space for both commercial and residential purposes, subject to body corporate approval.