Exceptional Fully Let Medical Facility

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:

Renowned medical facility located in vibrant and expanding Paarl. Offering comprehensive healthcare services, this property is part of the extensive Medicross network, which includes 69 Family Medical and Dental Centres across South Africa. This exceptionally modern two-story building is centrally situated and in a prime location. Fully occupied and rented out to medical professionals and offers a tranquil environment.

• Fully tenanted healthcare services
• Great rental income
• Potential to add more doctor rooms
• Good yield with solid investment as doctors rooms don’t move around
• Lots of parking but opportunity to rent parking area next door.
• Great investment been there since 2007.
• The property features ample, secure parking spaces
• Includes 28 air conditioning units.
• A brand-new generator ensures uninterrupted power supply.
• Vat entity - Zero-rated transaction

DETAILS:

• Erf no:  1247, Paarl
• Erf size:  1403m²
• Rates:  TBC
• Zoning:  TBC

Web Ref:  715932

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.

Josh Raisun | 078 888 9534 | 021 425 8822 | [email protected]

Ryan Hamburger |082 691 4915 | 021 425 8822 | [email protected]

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: [email protected]