Commercial - Retail on Auction in Woodstock

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: MIXED-USE INVESTMENT The property is located on Victoria Road, Woodstock. Located amongst local and national retail businesses. The retail component has exceptional visibility with great signage potential. The property also has a residential component with three 3-bedroom houses, which are tucked away behind the commercial units and along Rhodesia Road. The property does require renovation and completion to reach its full potential.  The commercial component consists of 4 retail units (65 m²-80 m²).  • Residential Component 3: 3-Bedroom Dwellings  • The current net income is approximately R 80,000 per month.  • Extent: 673 m²  Pre-Auction Offers May Be Considered. DETAILS: • Erf no (Extent): 13307, Cape Town (481m²) • Erf no (Extent): 13308, Cape Town (192m²) • Zoning: General Business 5 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.