Commercial - Retail on Auction in Saldanha Central

Description

LIVE & ONLINE AUCTION Auction Time & Date: Wednesday 8 July 2026 @ 12:00 Registration: Online & On-site At The Venue. Venue: The DHL Stadium, Business Lounge G, Fritz Sonnenberg Road, Green Point, Cape Town For more information, please contact the listing agent. DESCRIPTION: PORTFOLIO DISPOSAL - LEGAL INSTRUCTION (POWER OF ATTORNEY) Municipal Value ±R4,954,000 (GV2025). Spread over 1,912 m², this fully tenanted corner building has high footfall frontage access. Income-generating with long-standing mixed-use tenants. Located on a prime intersection directly across from the bay, this landmark site will be ideal for investors and developers looking for value-add opportunities in the heart of Saldanha. Tenant Mix: Religious place of worship, superette & food outlet, furniture store, clothing store, poultry wholesaler, cellular services, and private residences. Free-standing residential house with additional rental units in the 3rd dwelling structure. Enclosed, secured parking dedicated to residential tenants. Plenty of off-street parking for retail tenants. All buildings on site have pitched roofs, and additional solar panel installations are present. Potential value-adds include advertising and signage, security upgrades, and additional bulk development. View by Appointment. Contact Rob & Sachin today. DETAILS: • Erf no: 1812, Saldanha • Erf size: 1912m² 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 R25,000 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.