Prime Building Next To SARS – Bellville CBD – With National Tenant

BIDDING OPENS AT R8,500,000.

ONLINE AUCTION

Bidding Start Time: Wednesday 31 July 2024 @ 09:00

Bidding End Time: Thursday 1 August 2024 @ 14:30

Registration is essential by Monday 29 July 2024.

Pre-Auction Offers may be considered.  Auction Finance Available.

For more information, please contact the listing agent.

DESCRIPTION:

• Owner Occupier Building or generate income of up to R2,263,000 per annum!
• Prime location and visibility! Only R7 950 p/m²!! Way below R12,000 p/m².
• This 1572m² Building is located on Voortrekker Road, next to SARS building in prime Bellville CBD.
• Great owner occupier option.
• Partially occupied- room for owner occupier or get tenants quickly.
• National tenant - Old Mutual Finance occupies a small portion of the building on the ground floor 217,75 / m² @ R135,33/m² = R29,444.16 renewed for 3 years until 31 July 2025.

DETAILS: 

• Erf No:  7712, Bellville
• Erf Size:  866m²
• Rates:  ±R9,409.10 per month
• Zoning:  General Business 4

Web Ref:  714837

VAT Applicable

PAYMENT TERMS:

2.5% Deposit & 10% Auctioneers Fee (excl. VAT on fee), payable on the fall of the hammer by means of EFT only.  Balance payable on Transfer.

Sanjeev Boyjoonauth | 066 054 2211 | 021 425 8822 | [email protected]

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: [email protected]