ONLINE AUCTION
Bidding Start Time: Wednesday 29 January 2025 @ 09:00
Bidding End Time: Thursday 30 January 2025 @ 14:30
Registration is essential by Monday 27 January 2025.
Pre-Auction Offers may be considered. Auction Finance Available.
For more information, please contact the listing agent.


DESCRIPTION:
• Nett rental income p.a.: ± r2,564,726.00
• 8 Longstanding tenants - long leases
• Building in very popular location
• Fantastic rental income property
• Located in popular Bellville Hub
• Bulk available for future development: ± 2748m²
• Potential to add 40 plus flats of ±60m² each


Details:
• Erf no: 15746
• Erf size: 2093m²


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.

REGISTRATION REQUIREMENTS:
To bid at the auction you need to provide a copy of your identity document and current proof of residence (not older than 3 months) as well as a R20,000 refundable registration fee.

DISCLAIMER:
The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.



The Claremart Group is a leader in commercial and residential properties. We attract huge crowds to our auctions and consistently match and exceed the mandated price on properties sold under our hammer. Read more...