Industrial on Auction in Maitland

Description

ONLINE AUCTION Bidding Start Time: Tuesday 30 September 2025 @ 09:00 Bidding End Time: Wednesday 01 October 2025 @ 14:30 Registration is essential by Monday 29 September 2025. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. DESCRIPTION: • Well-positioned commercial building in a sought-after part of Maitland • Offering two floors of around ±775m² of GLA • With a 3-year lease • Tenant has occupied building for a very long time • Current rental at ±R514,512 per annum at 6% escalation • Great investment opportunity to grow your property portfolio PRE-AUCTION OFFERS excl. Claremart fee will be considered. DETAILS: • Erf no: 22925, Cape Town • Erf size: 397m² • Zoning: Mixed Use 2 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.