20 Apartments And 3 Shops

Bidding opens at R4,500,000

ONLINE AUCTION

Bidding Start Time: Tuesday 25 April 2023 @ 09:00

Bidding End Time: Wednesday 26 April 2023 @ 14:30

Registration is essential by Monday 24 April 2023.

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

For more information, please contact the listing agent.

Description:

• Gross rental income:  ±R820,000 per annum
• Large, mixed use complex in popular location. GLA: ±2400m²
• Comprises 2 separate 2-storey buildings (8 units are incomplete) with 16 x 2-bed units and 4 x 3- bedroomed apartments
• Apartments range from 90m²-140m² each, with commercial units ±45m² each
• 20 Parking bays

Details:

• Erf no: 3937, Lenasia South Ext 4
• Erf size: 3218m²
• Rates:  TBC
• Zoning:  TBC

Web Ref:  609281

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.

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