Rare gem on offer in exclusive suburb

Headlining the event is a prime piece of real estate based in the upmarket suburb of Dunkeld.

Sean Parsons, business development executive for the team says, “It is rare that we see this type of property so well situated in one of Johannesburg north’s most exclusive suburbs come to the auction floor.”

Situated at 64 Bompas Road, this well located property lies on a main arterial linking Jan Smuts Avenue to Oxford Road.

The property is 2 974m² in extent, has an approximate GBA of 443m2 and is zoned for residential 3 which includes the allowance for a maximum of 7 residential units to be built.

Currently the property features a double storey, three-

bedroomed home which has numerous entertainment areas including a pool, thatch lapa and pizza oven.

There are numerous storage buildings located on the property as well as a cottage.

“In a recent article run in the local newspaper, information was shared with the community of the proposed upgrade that will be undertaken in the area should approvals from all relevant parties and stakeholders be obtained,” Parsons continues.

“This proposal relates specifically to the blocks that are bounded by Cradock Avenue and Oxford, Rosebank and Bompas roads.

“Future plans for the area include redevelopment to replace two-storey buildings with four-to-six storey buildings.

“The project will involve a crucial upgrading of the roads to improve traffic flows and access as well as significant greening of the area through focused landscaping initiatives.

“Final submissions for these plans are currently underway with the deadline approaching on September 27 for final comment from all parties.

“This property is prime in terms of its specific locality and size for developers looking to be part of this potential exciting expansion and re-development initiative,” concludes Parsons.

For more information, please contact Sean Parsons on 082-464-7292 or visit www.aucor.com