Ten Retail Shops With Income

Bidding opens at R2,000,000

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:

Situated in the heart of busy Goodwood with easy access to all major roads and highways. Six of the 10 units are fully let and it will be easy to rent out the balance. All tenants have been there for a long time, currently on a month-to-month lease agreement.

Property is fitted with 3 phase power.

RENTAL INCOME:  R31,000 PER MONTH

POTENTIAL INCOME: ±R45,000 PER MONTH

• UNIT 1 - R12,000 per month
• UNIT 2 - R5,000 per month
• UNIT 3 - R5,000 per month
• UNIT 4 - R3,000 per month
• UNIT 5 - R3,000 per month
• UNIT 6 - Vacant - potential income ±R3,000 per month
• UNIT 7 - Vacant - potential income ±R3,000 per month
• UNIT 8 - Vacant - potential income ±R3,000 per month
• UNIT 9 - R3,000 per month
• UNIT 10 - Vacant - potential income ±R5,000 per month

Details:

• Erf no: 9931, Goodwood
• Erf size: 427m²
• Rates:  TBC
• Zoning:  General Business 2

Web Ref:  571381

Transfer Duty 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.

Tariq Mohamed  |  064 527 6396  |  021 425 8822 |  tariq@claremart.com

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: info@claremart.co.za