6-Storey Incomplete Building With 79 En-suite Rooms

Bidding opens at R18,000,000

ONLINE AUCTION

Bidding Start Time: Wednesday 28 February 2024 @ 09:00

Bidding End Time: Thursday 29 February 2024 @ 14:30

Registration is essential by Monday 26 February 2024.

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

For more information, please contact the listing agent.

Description:

• 80% Complete property earmarked for hotel or student accommodation.
• Communal ground floor and spacious open plan upper entertainer's level.
• Earmarked for liquor license and gambling slot machines.
• Use your imagination to complete this incomplete property.

Details:

• Erf no: 8508, Goodwood
• Erf size: 456m²
• Rates:  TBC
• Zoning:  General Business 4

Web Ref:  707066

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

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: info@claremart.co.za