The building previously occupied by a theatre for a number of years offers a “perfect structure for a large owner-occupier,” according to the agents.
In the agents’ advert, it is claimed the building has “a capacity of approximately 2000 seat in the main auditorium with sufficient fire exits to cater for these numbers. On grade parking for approximately 350 vehicles. There is 800 KVA of power entering the building. The building is structurally sound, confirmation passed by two structural engineers. The property is located on a prominent corner which allows for multiple entrances and exits creating easy traffic flow and excellent exposure.”
The controversial edifice has seen better days! Tom Jones, Engelbert Humperdinck, Lucille Starr, Suzi Quattro, John Paul Young, Uriah Heep, Deep Purple, and so many shows like Ipi Tombi.
Local estate agent and area specialist Murray Tocker from Chas Everitt described the news as exciting and very positive. “We can assume that developers will be injecting many millions of rands into a project on the site and into the local economy but Tocker says he has no specific news other than a sense of relief that finally it can be expected that the property will make way for something better than the current eyesore that it is. Local property prices can only be positively impacted with exciting new opportunities.”
The 3 Arts has been an eyesore for a long time and has in recent years attracted some dodgy elements to the area, says Tocker. “We look forward to seeing what the developers have in mind and we will certainly be updating Bergvliet.co.za with news as we get it.”
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Residents of the area have been calling for the building to be demolished for many years.