Thibault House Unit 1, Hans Strijdom Avenue 9, Cape Town City Centre
Rare Opportunity - Entire Ground Floor Investment
Auction starts: September 28, 2022 09:00
Auction ends: September 29, 2022 14:30
Lot sold subject to auctioneer confirmation.
Current bid: R9,300,000
Bidding opens at R9,300,000
ONLINE AUCTION Bidding Start Time: Wednesday 28 September 2022 @ 09:00 Bidding End Time: Thursday 29 September 2022 @ 14:30 Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent.
Calling all investors – last chance to secure this rare opportunity in Thibault House in the heart of Cape Town City Centre:
• Fully tenanted • Entire ground floor • 342m² GLA - split into 8 units – retail/commercial/offices • Income per month R110,238.00 with 10% escalation • Annual rental income of R1,322,770
Details: • Sectional scheme name: SS Thibault House • Sectional scheme no: 728/2005 • Unit no: 1 • Unit size: 342m² • Rates: TBC • Levies: TBC • Zoning: General Business 6
Web Ref: 548593
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.