Entire Commercial Component

Bidding opens at R1,750,000

ONLINE AUCTION

Bidding Start Time:  Tuesday 30 May 2023 @ 09:00.

Bidding End Time:  Wednesday 31 May 2023 @ 14:30.

Registration is essential by Monday 29 May 2023.

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

For more information, please contact the listing agent.

Description:

• Entire retail and commercial component on offer.
• Situated on the busy Victoria Road in Southfield, the property is exposed to high visibility.
• 4 Retail units, 3 of which are tenanted.
• 1 Large unit which has access from roller shutter and door entrance.
• Opportunity to remodel to essentially extract further income.

Don’t miss this opportunity!

Details:

• Sectional scheme name:  SS Enterprise Building
• Sectional scheme number:  370/2011
• Unit number (Extent):  1 (56m²)
• Unit number (Extent):  2 (51m²)
• Unit number (Extent):  3 (153m²)
• Unit number (Extent):  4 (100m²)
• Unit number (Extent):  5 (15m²)
• Rates:  ±R3,640.00 per month
• Levies:  ±R2,800.00 per month
• Zoning:  General Business 1

Web Ref:  609703

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.

Shameer Isaacs  | 081 759 8302  |  shameer@claremart.com

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: info@claremart.co.za