LOT SOLD

Opening Bid: 3 750 000 ZAR

CLOSING BID

3 750 000 ZAR

 

High Visibility Corner Investment Building – Fully Tenanted

 

This lot has been Sold.

 

ONLINE AUCTION

Bidding Start Time: Wednesday 28 June 2023 @ 09:00

Bidding End Time: Thursday 29 June 2023 @ 14:30

Registration is essential by Monday 26 June 2023.

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

For more information, please contact the listing agent.

 

Description:

  • Net rental income per annum – ±R435,640.00
  • 2 x Longstanding tenants - long leases
  • Single story commercial shops in popular location
  • Fantastic rental income property
  • Located in busy hub with foot traffic
  • Zoning: Business 1

 

Details:

  • Erf no: 479, Worcester
  • Erf size: 1199m²
  • Rates:  ±R4,045.00 per month
  • Zoning:  Business 1
  • GLA:  ±828m²

 

Web Ref:  700998

 

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.

 

Farrell Perling  |  072 040 7274  |  021 425 8822  |  farrell@claremart.com

Sanjeev Boyjoonauth  |  066 054 2211  |  021 425 8822  |  sanjeev@claremart.com


CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: info@claremart.co.za

Bidder No Bidder Time Amount
Document Type Document Name Description Download Document
Please register to view documents.