TELKOM-000106 | SOLD

TELKOM PORTFOLIO: Redevelopment Site

27 Hostel Street, Khayelitsha, City of Cape Town Metropolitan Municipality, Western Cape

TELKOM PORTFOLIO: Redevelopment Site. 27 Hostel Street, Khayelitsha, Cape Town, Western Cape

Extent: ± 1 372 m² | Prominent Main Road property | Central location


Re-Development Opportunity in Established Area

This property forms part of the 5th of December 2024 Telkom property portfolio auction sale and offers great potential for redevelopment

Property Highlights
This property is ideal for redevelopment.

There are currently a few semi-fabricated building structures in place and the property is accessible via a drive-in gate. A palisade concrete fence forms a security barrier and surrounds the entire property

Property Location
Khayelitsha, one of South Africa's largest townships, is located on the Cape Flats, approximately 30 kilometers southeast of Cape Town's city center. Known for its vibrant culture, resilient community, and entrepreneurial spirit, Khayelitsha offers a unique blend of urban challenges and local charm.

While facing significant social and economic challenges, Khayelitsha is also a place of hope and innovation. The township boasts a thriving informal economy, with residents engaging in various businesses, from street vendors to small-scale manufacturing.

Despite its challenges, Khayelitsha remains a vibrant and resilient community, showcasing the strength and determination of its people.

Disclaimer
Please note that at the time this was published, there was very limited information on the property available. We will update the latest information as soon as we have gathered more details on the property.

Commercial Type:
Industrial Property
Web Reference:
TELKOM-000106
Final price:
POA
Address:
27 Hostel Street, Khayelitsha, City of Cape Town Metropolitan Municipality, Western Cape
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
05 December 2024 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required

Bidding opens in


Auction Date: 05 December 2024 11:00:00am


In2assets Properties
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In2assets Properties
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