PROPERTY DETAILS
Erf 5161 Montague Gardens
ADDRESS
55 Century Boulevard, Century City
ZONING
General Business 3 (GB 3)
SIZE
25,000m²
Payment Terms:
An initial deposit of 10% (TEN) of the purchase price on the fall of the hammer;
The Auctioneer’s Commission at the commission rate applicable in accordance with the table below (excluding VAT) at the fall of the hammer:
Commission Percentage Rate (%) (excl VAT) of the Purchase Price (excl VAT) in Rand Value as recorded by auctioneers
1 R50 000 001 and above - 1%
2 R10 000 001 – R50 000 000 - 1.25%
3 R5 000 001 – R10 000 000 - 2%
4 R1 000 0001 – R5 000 000 - 3.5%
5 R500 001 – R1 000 000 - 3.75%
6 R500 000 and below - 4%
For further information please contact Rob Stefanutto or email coctproperties@claremart.com for a full information pack.
Property Address
Century City, Milnerton, Western Cape
