#3 • MAJOR DEVELOPMENT SITE

Part of Multi Property Auction - 8 October 2020 (live auction by The High Street Auction Co.)

High bid R12,500,000.00

Status: Sold

Address: 49 Victoria Road, Suburb: Clifton Province: Western Cape Country: South Africa Web Ref: 110902 Opening Bid: R8,000,000.00 Description: Situated on one of the most exclusive parts in the Western Cape Development land on Victoria road Exclusive & dynamic views Land extent: 543m² Floor area ration: 1,5m² General Business 1 Plans have been drawn up for a fully automated parking garage for 21 vehicles, a boutique luxury hotel, with 18 suites, 235m² of entertainment, dining kitchen & back of house There are 3 levels of basement parking & 7 levels above ground Ground floor includes retail space, ideal for coffee shop or hotel concierge lobby Ideal for residential development The site is ready for construction The site lends itself to various other development opportunities Last of remaining opportunities Auction Details Start Date: 8 October 2020 Start Time: 12:00 Venue: Virtual Online Auction Sales Executives Name: Rodney Beck Mobile: 0825515841