Intro

Duly instructed by the Trustees of the Rent Trust in the matter concerning Estate Late Mathys Wehmeyer (Estate no: 003047/2019). We have sold at public auction
35 HOOD STREET,
WEST BANK,
EAST LONDON

EASY INCOME PRODUCER!

Video

Date and time

Date: 17 JULY 2019.
Time: 18:00 PM.
Venue: East London Golf Club.

Viewing: By Appointment

ID & PROOF OF ADDRESS REQUIRED FOR REGISTRATION.

Description

Property investor consider various income streams off this outstanding mixed use corner property.

The historic West Bank retail corner shop’s front door flung open, the dust flickered in the air, I knew I had just walked in on another hidden treasure in my vast property career.

The story unfolded in front of me with its Oregon pine floors and what looked to be at an estimation of 100 sqm of retail space within the busy Hood Street prescient of West Bank.

Shelves, cupboards and stories of an old tool making shop were some of the trades that passed through this marvellous building.

The large garage with an industrial type door was a welcome surprise being double volume and having a mezzanine for extra storage.

The separate and small convenience store at the edge of the property adds good revenue and brings passing trade.

The upstairs is a residential element. It’s a spacious gem with high ceilings, stained glass, sash windows, Oregon pine floors, doors and dido rails, original fittings and outstanding sea views. The floor plan of the unit is 3 large bedrooms, lounge, study, bathroom, fitted kitchen and pantry/store and a lengthy balcony. The main bedroom gets a special mention with a huge dressing room/studio office.

It’s a solid build and if you enjoy history and the feeling of good craft from yesteryear then this is a property that will electrify your senses and wouldn’t it be a blissful site to see this magnificent property resurrected to its former glory?

Don’t miss out! your bidding paddle awaits!

Images

Documents

Terms

TERMS:

10% DEPOSIT, AUCTIONEERS COMMISSION & ADVERTISING COSTS PAYABLE ON DATE OF SALE.

Full terms & conditions of auction available for inspection at our offices.

Contact: Justin Rohtbart for particulars.
114 Moore Street, Quigney, East London.

043 743 6355 / 083 789 2550 / admin@auctionone.co.za / justin@auctionone.co.za.

Subject to change without notice. Right of admission Reserved.