BIDDING STARTS AT
2024-10-30 07:00
Auction Ends:
2024-10-31 12:30
OPENING BID
1 ZAR
Huge Investment Opportunity
OPENING BIDS TO BE ADJUSTED ONE DAY PRIOR TO AUCTION.
ONLINE AUCTION
Bidding Start Time: Wednesday 30 October 2024 @ 09:00
Bidding End Time: Thursday 31 October 2024 @ 14:30
Registration is essential by Monday 28 October 2024.
Pre-Auction Offers may be considered. Auction Finance Available.
For more information, please contact the listing agent.
DESCRIPTION:
- Tenanted commercial building currently a supermarket @ R7,000 per month or R84,000 per annum
- Plus tenanted house for R600 per month or R7,200 per annum
- This building is right next to U-Save building
- Municipal Valuation R861,000
- Total income R91,200 giving you about 18% ROI
- Offers from R450,000 plus Claremart fee
DETAILS:
- Erf no: 142, Concordia
- Erf size: 1 815m²
- Rates: TBC
- Zoning: TBC
Web Ref: 729451
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]
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