4 National Tenants In Buildings With Huge Exposure

OPENING BIDS TO BE ADJUSTED ONE DAY PRIOR TO AUCTION.

ONLINE AUCTION

Bidding Start Time: Tuesday 30 September 2025 @ 09:00

Bidding End Time: Wednesday 01 October 2025 @ 14:30

Registration is essential by Monday 29 September 2025.

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

For more information, please contact the listing agent.

DESCRIPTION:

A portfolio of commercial & retail located in close proximity of each other on the main road in the CBD of Ficksburg.

Unique to acquire 3 buildings with National Anchor Tenants- Including Lewis Store, Sheet Street, Foshini & Miladys and other great long-term tenants. Massive 3539m² of GLA-Spread over 14 shops of which 8 are tenanted.

This is an opportunity not to be missed with over 12% returns. The current income is ±R109,615 per month or just over ±R1,315,398 per annum excl VAT. Balance of small shops if fully tenanted could generate an extra ±R450,000 more per annum.

Great solid investment, backed by strong leases for the keen investor looking to add to these prime properties to their portfolios. 

Electricity prepaid for each unit and all 3 properties are well maintained and managed.

Pre-Auction offer highly recommended.

DETAILS:

• Erf no (Extent):  90, Ficksburg (679m²) | Rates:  ±R18,000.00 per month
• Erf no (Extent):  44 (Portion 1), Ficksburg (1 257m²) | ±R10,666.67 per month
• Erf no (Extent):  46 (Portion 1), Ficksburg (1 603m²) | Rates: ±R8,333.33 per month
• Zoning:  TBC

Web Ref:  754408

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