LOT NOT SOLD
CLOSING BID
Two Prime Sections Totalling 329m² In Rosenpark Tygervalley
BIDDING OPENS AT R3,000,000.
ONLINE AUCTION
Bidding Start Time: Wednesday 31 July 2024 @ 09:00
Bidding End Time: Thursday 1 August 2024 @ 14:30
Registration is essential by Monday 29 July 2024.
Pre-Auction Offers may be considered. Auction Finance Available.
For more information, please contact the listing agent.
DESCRIPTION:
In secured Rosenpark Two: Commercial properties consisting of two sections:
- Section 5, Door 14 with GLA 178m² - Rental potential ±R120/m² - R21,360 ex VAT pm or R256,320 p/annum could be achieved and
- Section 6, Door 15 with GLA 151m² - Currently tenanted at R17,006 pm excl VAT or R204,072 p/annum.
- Parking: 4 open parking bays per unit available.
- The units both have smooth finished floors and have e great natural light .
- Each section has an office as well as an open showroom space
- Each section has a kitchen and toilet facilities
- Perfect for Owner Occupier or Investors .
- Together potential income is ±R460,392 giving you at least 11% Net ROI
- Pre-auction offer welcome!
DETAILS:
- Sectional Scheme Name: SS Rosenpark Two
- Sectional Scheme No: 132/1996
- Unit No (Extent): 5 (178m²)
- Unit No (Extent): 6 (151m²)
- Rates: Unit 5 = ±R2,187.13 per month
- Rates: Unit 6 = ±R1,848.79 per month
- Levies: Unit 5 = ±R2,574.53 per month
- Levies: Unit 6 = ±R2,167.30 per month
- Zoning: TBC
Web Ref: 715709
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.
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
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