BIDDING OPENS AT R8,000,000
LIVE & ONLINE AUCTION
Auction Time & Date: Wednesday 8 July 2026 @ 12:00
Registration: Online & On-site at the Auction 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
• 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.
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 R25,000 refundable registration fee. Registration fee payable via EFT only, no card payments allowed.
Registration will be available online as well as on site on the day of the auction. Registration at the venue will be open from 10:30.
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
