Huge Tenanted & Sectionalised Mixed Use Block On Voortrekker Road

Bidding opens at R37,750,000

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:

UNIQUE OPPORTUNITY TO BUY HUGE TENANTED & SECTIONALISED MIXED USE BLOCK ON VOORTREKKER ROAD WITH FURTHER DEVELOPMENT POTENTIAL.

Property Offering 30 Sectional Title Units:

• 3 Retail or Commercial units
• 1 Workshop
• 1 OFFICE AREA: offices can be converted into 5 or more apartments
• 25 Large apartments (77m² - 81m²) - can be further subdivided into smaller units
• 10 Parking bays and 5 garages on site 

COMBINED PROJECTED INCOME ±R4,255,164.00 Per Annum

Details:

• Erf Number: 22753, Goodwood
• Erf size:  ±1365m²
• Rates:  TBC
• Zoning: General Business 4

Web Ref:  528818

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