Tenanted Four Storey Cape Town CBD Building Under the Hammer

A currently tenanted renovated four storey CBD property which offers the possibility of vacant occupation will come up for grabs at ClareMart’s Multiple Commercial and Investment Property Auction at the Radisson Hotel, Granger Bay on Tuesday, February 25 at 12:30. “Our Group recently sold Units 1& 2, 71 Loop Street together as one lot for an inclusive R5.9million and we are certain that our network of CBD buyers will be interested in this latest offering” says Executive Auction Director, Mike Baigel.

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73 Buitengracht Street comprises a ground floor which accommodates three offices with a reception area and a storage space. “The three floors above accommodate offices of various compositions and with many desirable features” says Baigel. The first floor boasts two recording studios with a kitchen and ablutions. The second floor comprises an office with boardroom and a large lounge area as well as ablutions. The third floor boasts two offices and two lounge area as well as a mezzanine level and ablutions. “Each floor offers balconies and are secured from level one to three with roller shutter doors as well as fire shutters on the exterior windows” says Baigel.

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The property is situated in the midst of designer boutiques, popular eateries and in close proximity to Greenmarket Square. “City real estate which comprises an entire building is not seen regularly by the market and we advise CBD investors who wish to have their footprint in the heart of the Buitengracht-Loop and Long Street bustle not to miss this auction” adds Baigel.

73 Buitengracht Street will be on show on Wednesday, February 12 from 12 noon to 3pm and Thursday, February 20 from 12 noon to 3pm. The auction will take place at the Radisson Hotel, Granger bay on Tuesday, February 25 at 12:30 and for information contact Mike Baigel on 021 425 8822 or visit www.claremart.co.za

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