Fantastic Tenanted Mixed Block - With Upside

BIDDING OPENS AT 6,000,000.

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:

Looking for a property investment with stable returns & upside?

This Commercial Property for Sale in Des Hampden, Kuils River offers:

3 Medical practices units:

• Doctor's practice
• Dentist's practice
• Psychologist 's practice

Plus 7 apartments

• With  6 x 2 bedroom apartments
• 1 x 1 Bedroom apartment

Great income generator with utilities excluded!

There is huge possibilities for further development on extra bulk available!

Contact me for more information!

DETAILS:

• Erf No:  786, Kuils River
• Erf Size:  1080m²
• Rates:  ±R1,500.00 per month
• Zoning:  General Business 2

Web Ref:  141545

Transfer Duty 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]