ONLINE AUCTION
Bidding Start Time: Wednesday 29 April 2026 @ 09:00
Bidding End Time: Thursday 30 April 2026 @ 14:30
Registration is essential by Monday 27 April 2026.
Pre-Auction Offers may be considered. Auction Finance Available.
For more information, please contact the listing agent.
DESCRIPTION:
This prime commercial property is situated in sought after Gansbaai. Fully tenanted with a bottle store, restaurant and four apartments. Transaction can be zero rated or shares can be purchased within the company.
Commercial
• Tenant 1. Ok Liquor - Rental ±R 13 028.60 pm excl vat, lease till end October 2031 with option to renew. Prepaid electricity and water. Liquor license belongs to the premise.
• Tenant 2. Popular restaurant in the area - Rental ±R 23087.00 pm excl vat, lease till end May 2030 with option to renew. Prepaid Electricity and water, liquor license belongs to the premise and gambling license belongs to the premise.
Residential
• 4 x One bedroom apartments
• 1 Bedroom
• 1 Bathroom.
• Kitchen
• Open plan lounge
• Income ±R 12 000 pm
• Prepaid Electricity and water
• Rates, water, etc ±R 3849.03.00 pm
• Total income ±R 48115.60 pm
DETAILS:
• Erf no: 122, Gansbaai
• Erf size: 972m²
• Zoning: Business
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.
Property Address
Gansbaai Central, Gansbaai, Western Cape
