ONLINE AUCTION
Bidding Start Time: Wednesday 27 May 2026 @ 09:00
Bidding End Time: Thursday 28 May 2026 @ 14:30
Registration is essential by Monday 25 May 2026.
Pre-Auction Offers may be considered. Auction Finance Available.
For more information, please contact the listing agent.
DESCRIPTION:
• Perfectly positioned large commercial building, including national tenant.
• GLA of 1,956m²
• Net Income = ±R1,350,000pm
• Current net yield = 10% -
• Tenant Mix = Midmar Liquors, Boqol & Workshop
• 100% Occupied building, secured leases in place with longstanding established tenants.
• Upcoming lease renewal periods (from 2027 - 2032), lease escalations = avg. 5%-7% p.a
Perfect for redevelopment or keep as an investment. Make an offer today.
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.
Property Address
Bellville Central Bellville
