75 Voortrekker Road, Parow, Western Cape, South Africa
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Auction
- Lot 17
- South Africa
- Mixed Use
- Commercial
Sold for R6 200 000
Property Summary
- This sale is Subject to Confirmation by the parties involved.
- Seller registered for VAT
- Erf 7647 Glen Lilly Parow
- Erf 991 m²
- GLA approximately 1320 m²
- Rates approximately R6667 pm
- The Purchaser is required to acquaint themselves with the property and all matters related thereto, including but not limited to its condition, location, and any improvements thereon.
- The Purchaser must further familiarise themselves with the terms and conditions applicable to this Lot by clicking on the Legal tab below.
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Property description
VIEWING DATES:
21 OCT / 12:15 - 14:00
24 OCT / 12:15 - 14:00
PRIME MIXED USE BUILDING GOING TO MARKET AGAIN 21 YEARS LATER
CURRENT GROSS ANNUAL RENTAL INCOME R645 000
VACANT SHOP 2 - POTENTIAL GROSS ANNUAL RENTAL INCOME R240 000
RESIDENTIAL COMPONENT: (1 x 3 Bedrooms & 4 x 2 Bedrooms)
Flat 1
3 x Bedrooms
1 x Bathroom
1 x Kitchen
1 x Lounge
Flat 2
2 x Bedrooms
1 x Kitchen
1 x Lounge
Flat 3
2 x Bedrooms
1 x Bathroom
1 x Kitchen
1 x Lounge
Flat 4
2 x Bedrooms
1 x Bathroom
1 x Kitchen
1 x Lounge
Flat 5
2 x Bedrooms
1 x Bathroom
1 x Kitchen
1 x Lounge
Additional
1 x Shower & Toilet (Sole Use for Flat 2)
1 x Storeroom
COMMERCIAL COMPONENT:
Shop 1 - Craigs Motorcycle Spares
1 x Showroom
1 x Workshop
1 x Office
1 x Reception Desk
1 x Kitchen
2 x Toilets
Shop 2 - Vacant
- 1 x Showroom
- 1 x Office
- 1 x Kitchen
- 2 x Toilets
Location
Positioned on the corner of Voortrekker Road and Frankfort Street in Glen Lily—a sought-after suburb of Parow in Cape Town’s Northern Suburbs—this property offers prime exposure and exceptional connectivity. Its location places it directly on one of the city’s busiest commercial corridors, ideal for high-visibility enterprises or mixed-use development.
Just one block from Giel Basson Drive, a key arterial route, the property enjoys direct access to the N1 Highway and Cape Town International Airport. This dual-direction flow makes it a logistical sweet spot for businesses, tenants, or service providers targeting both city-bound and airport traffic.
With increasing demand for versatile spaces in well-connected suburbs, this site presents a compelling opportunity for investors seeking strong rental yields, redevelopment potential, or long-term capital growth.
Additional Details
A 5% deposit and 10% auctioneers fee (plus VAT on fee) is due and payable by the highest bidder once bidding has closed. See Legal tab for Special Conditions.
Please note: All legal documents can be viewed by clicking on the ‘Legals’ tab above, in order for you to carry out due diligence in relation to the property. By doing so, this will also ensure that you are continuously updated regarding any pricing changes on the property prior to auction.
VAT
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*Terms & Conditions
No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.
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