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Huge Development Opportunity With Rental Income
updated on Jan 16, 2025
POA

WEB REF: 700989

Property Summary
  • Selling Price POA
  • Property Type Commercial - Retail
  • Erf Size 1561.0000 m2
  • Rates & Taxes R 9304.00


Description

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 26 January 2025. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. DESCRIPTION: • Nett income p.a.: ±R1,257,211.00 • 3 x Long term tenants • Perfect for student accommodation • Available bulk: ±2700m² for future development • Primely located • Height restriction: 25 metres DETAILS: • Erf no: 10870, Bellville • Erf size: 1561m² 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.

Additional Features
      Property Address

      28 Voortrekker Road Bellville Central Bellville

      Contact Agent(s)

      eMail Agent(s)