LOT NOT SOLD
Opening Bid:
17 840 000 ZAR
CLOSING BID
17 840 000 ZAR
High Visibility Mixed Use Building
BIDDING OPENS AT R17,840,000.
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:
- Nett rental income p.a.: R2,005,336.00
- 4 x Longstanding tenants
- Perfect for student accommodation
- Mixed use building in popular location
- Fantastic rental income property
- Located in popular hub
- Bulk: ± 2142m²
- Bulk available: ±745m² (For future development)
- Zoning: GB4
- GLA: ± 1397m²
DETAILS:
- Erf no: 10979, Bellville
- Erf size: 714m²
- Rates: ±R12,446.00 per month
- Zoning: General Business 4
Web Ref: 700992
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.
Farrell Perling | 072 040 7274 | 021 425 8822 | [email protected]
| Bidder No | Bidder | Time | Amount |
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| Document Type | Document Name | Description | Download Document |
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| Please register to view documents. |