99 YEAR BUILDING RIGHTS LEASE AUCTION

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For Sale By:Agency
Description
Live & Online Multi Property Auction – 20 June 2024 @ 12:00
Live Venue: DHL Stadium, Business Lounge G - Level 4, Parking - Level 1 Foyer G, Fritz Sonnenberg Road, Green Point, Cape Town

LEASE AUCTION
TOWER BLOCK BUILDING RIGHTS
99 YEAR LEASE (60+20+19)
REGISTRATION FEE: R1 MILLION

Conservative bulk estimate: +/- 25,000sqm
Remaining bulk rights could be explored
Subject to a formal planning process
274 x Already-constructed parking bays
Parking bays located in CTICC2 building (B1)
A portion of Erf 192 earmarked for overflow parking
Highest and Best Use: Multi-level hotel, leisure and offices
Zoning: GB6/GB7

*Disclaimer: Building footprint is only for illustrative purposes

Property Reference #: 115819

Agent Details:
Shawn Van Jaarsveld
The High Street Auction Company (Pty) Ltd
The High St Auction Co.
Ground Floor, Building C, Knightsbridge
33 Sloane Street
Bryanston
219

Id Subtitle 1267133452
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