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Retail Lease Up For Auction
updated on Dec 18, 2025
POA

WEB REF: 762069

Property Summary
  • Selling Price POA
  • Property Type Commercial - Retail
  • Erf Size 20 m2


Description

PROPERTY DETAILS Portion of Erf 750 (Kiosk 2), 5A Century Way, Century City ADDRESS Kiosk 2, 5A Century Way, Century City ZONING General Business 3 (GB 3) SIZE ±20m² Commission Percentage Rate (%) (excl VAT) of the Monthly Rental (excl VAT) in Rand Value as recorded by auctioneers Immovable Property Leases (Commercial, Industrial, Mixed-Use Development, General Residential Immovable Property and Concessionary Rights) 1 R 1 000 001 and above - 2% of the first two years accumulated rental for the duration of the lease agreement 2 R 500 001 – R 1 000 000 - 2.5% of the first two years accumulated rental for the duration of the lease agreement 3 R 100 001 – R 500 000 - 2.5% of the first two years accumulated rental for the duration of the lease agreement 4 R 50 001 – R 100 000 - 3% of the first two years accumulated rental for the duration of the lease agreement 5 R 10 000 – R 50 000 - 3% of the first two years accumulated rental for the duration of the lease agreement 6 R 10 000 and below - 4% of the first two years accumulated rental for the duration of the lease agreement

      Property Address

      Century City, Milnerton, Western Cape

      Contact Agent(s)

      eMail Agent(s)