Lucrative commercial property opportunity, located in ultra busy Butterworth CBD
Property SOLD at On Site Auction – Erf 346 & 347 Bell St, Butterworth
Follow our pointers from Umtata St, Butterworth & King Street
DATE: 03.05.2017
TIME: 10:00am
VIEWING: By Appt or 1 Hour before auction.
ZONED BUS 1, POSITIONED AT A BUSY 4-WAY STOP INTERSECTION WITH THESE ERVEN STRETCHING THE ENTIRE LENGTH OF A CITY BLOCK.
Entrepreneurs or developers please pay attention!
With the current zoning you can develop to 3 stories in height and have up to 100% coverage on these properties with no building line restrictions.
With the existing land use being hardware store there are other usage options available. Erf 346 is vacant land and Erf 347 has a single-storey building which trades at present.
The position is enticing with other high spec office blocks and national tenant neighbours.
Directly across the road is Eskom and the Old Mutual Building borders Erf 347.
Former Transkei towns have a reputation for producing excellent trading results and returns.
TERMS: 10% DEPOSIT
AUCTIONEERS COMMISSION & ADVERTISING COSTS PAYABLE ON DAY OF SALE.
Full terms & conditions of auction available for inspection.
Contact: Justin Rohtbart for particulars.
114 Moore Street, Quigney, East London.
043 7436355 / 0837892550 / admin@auctionone.co.za
Subject to change without notice
