CT building on auction 24/4
2008-04-24 · Auctions
A three-storey commercial building in Mouille Point, Cape Town will be auctioned at 12:00 on site on the 24 April.
The building is a stone's throw away from the sea and fronts onto the Mouille Point Platinum Mile which hugs the Atlantic Ocean between Three Anchor Bay and Granger Bay. Situated on a high exposure corner, this site is within walking distance of the Green Point Stadium and Urban Park, and is a mere one minute walk from the V&A Waterfront.
A stand alone setup, this building features a cluster of dining amenities. The iconic 'Newport' on the ground floor comprises a deli and ice-cream bar. 'Wakame', a restaurant and sushi bar, takes up residence on the first floor and the cosmopolitan 'Wafu' on the second floor features a restaurant and open air bar.
Each facility operates independently, but the upper levels share a common entrance. The building is set over the full extent of the site and includes open balconies and decks.
Gross annual rental income for the next 12 months including lease escalations amounts to approximately R1,4m.
For more information contact Rob Baird on 021 702 3436 or send an email
The building is a stone's throw away from the sea and fronts onto the Mouille Point Platinum Mile which hugs the Atlantic Ocean between Three Anchor Bay and Granger Bay. Situated on a high exposure corner, this site is within walking distance of the Green Point Stadium and Urban Park, and is a mere one minute walk from the V&A Waterfront.
A stand alone setup, this building features a cluster of dining amenities. The iconic 'Newport' on the ground floor comprises a deli and ice-cream bar. 'Wakame', a restaurant and sushi bar, takes up residence on the first floor and the cosmopolitan 'Wafu' on the second floor features a restaurant and open air bar.
Each facility operates independently, but the upper levels share a common entrance. The building is set over the full extent of the site and includes open balconies and decks.
Gross annual rental income for the next 12 months including lease escalations amounts to approximately R1,4m.
For more information contact Rob Baird on 021 702 3436 or send an email
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