Prime Business Site

AUCT-000837 | On Auction

16 Buffelsfontein Road, Mount Pleasant, Port Elizabeth, Eastern Cape


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Prime Business Site, 16 Buffelsfontein Road, Mount Pleasant, Port Elizabeth

Extent: ± 1 956 m² | GBA: ± 682 m² | Zoned Business 1 | Sale includes movables

This Business 1 site is situated on the very busy Buffelsfontein Road, which runs from the Port Elizabeth beachfront to Seaview which is home to many high end small holdings and homes. Mount Pleasant is a fast growing area of Port Elizabeth, which has seen large growth over the past few years with exclusive residential golf estates and small retail centres. This property has been home to a national food franchise for several years and lends itself to another franchise or a redevelopment to a small multi tenant retail centre. The area can certainly accommodate another centre or even small exclusive offices.

The immediate area has seen huge growth across the board recently especially on the residential side, as this is one of the only areas Port Elizabeth can expand along the coast. This site is designed in such a way that provides a purchaser or developer various options to maximise the site with either one tenant or various tenants. The property sale will include all the movables which includes a fully fitted kitchen. (An inventory is available)

Port Elizabeth is one of the largest cities in South Africa, situated in the Eastern Cape Province, 770 km (478 mi) east of Cape Town. The city, often shortened to PE and nicknamed "The Friendly City" or "The Windy City", stretches for 16 km along Algoa Bay, and is one of the major seaports in South Africa. Port Elizabeth is the southernmost large city on the African continent, just farther south than Cape Town. Port Elizabeth was founded as a town in 1820 to house British settlers as a way of strengthening the border region between the Cape Colony and the Xhosa. It now forms part of the Nelson Mandela Bay Metropolitan Municipality, which has a population of over 1.3 million.

Viewing: 14th November 2018 from 09h00 to 11h00

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Commercial Type:
Commercial Building
Web Reference:
AUCT-000837
List price:
POA
Address:
16 Buffelsfontein Road, Mount Pleasant, Port Elizabeth, Eastern Cape
Property Extent:
1956 m2
Auction Venue:
Strauss Daly Offices
35 Pickering Street
Newton Park
Port Elizabeth
Eastern Cape
Auction Date:
29 November 2018 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required.
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Auction Date: 29 November 2018 11:00 am

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