Commercial Retail Centre In Popular Location - 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.: R1,687,709.00
• 8 x Longstanding tenants on long term leases
• Fantastic rental income property
• Located in popular hub

DETAILS:

• Erf no: 28049, Bellville
• Erf size: 2382m²
• Rates:  ±R2,996.00 per month
• Zoning:  General Business 1

Web Ref:  701000

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]