The auction will be held at The Houghton Golf Club on the 12 March 2025 at 11h00, and will be streamed live. Bidding can be done in person, or telephonically by prior arrangement.

ERF Size: 2 128m²
GLA: ±2 443m²
Zoning: General business 1
Rates and Taxes: ±R297 575 K p.a.
Gross Income: ±R3.5M p.a.

Well established tenants Retail & student accommodation
Prominent corner site with high foot traffic
Main thoroughfare for major commuting routes
In close proximity to the University of Cape Town

Terms
Auction Information: Deposit 5% of bid price, Commission of 10% plus 15% VAT thereon of the bid price. All offers are subject to a confirmation period. The rules of auction and conditions of sale are available from the Aucor Property offices.
Terms: R50 000 refundable deposit paid via EFT or credit card (excluding Diners Club & American Express). No cash will be accepted. Proof of payment is required. Bidders must provide original proof of identity and residence on registration. No exceptions. All bids are exclusive of VAT. Aucor Property may bid up to reserve on behalf of the sellers. Subject to change without notification.
Auctioneer: Shaie Zindel

Disclaimer: Whilst all reasonable care has been taken to provide accurate information, neither Aucor Corporate (Pty) Ltd T/A Aucor Property nor the Seller/s guarantee the correctness of the information provided herein and neither will be held liable for any direct or indirect damages or loss, of whatsoever nature, suffered by any person as a result of errors or omissions in the information provided, whether due to negligence or other wise of Aucor Corporate (Pty) Ltd T/A Aucor Property or the Seller/s or any other person. Read more...