Calling All Developers & Investors - Fully Tenanted

OPENING BIDS TO BE ADJUSTED ONE DAY PRIOR TO AUCTION.

ONLINE AUCTION

Bidding Start Time: Wednesday 29 January 2025 @ 09:00

Bidding End Time: Thursday 30 January 2025 @ 14:30

Registration is essential by Monday 27 January 2025.

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

For more information, please contact the listing agent.

DESCRIPTION:

• Nett rental income p.a.: R1,304,447.00
• Longstanding tenant - long leases
• Available vacant site for development ±1700m²
• Huge development opportunity
• Fantastic rental income property
• Located in popular hub

DETAILS:

• Erf no:  6831, Bellville
• Erf size:  3420m²
• Rates:  ±R7,975.00 per month
• Zoning:  General Business 3

Web Ref:  701001

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.

Sachin Boyjoonauth | 068 259 2425 | 021 425 8822 | [email protected]

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: [email protected]