This website stores cookies on your device. These cookies are used to collect information about how you interact with our website and allow us to remember you. We use this information in order to improve and customize your browsing experience and for analytics and metrics about our visitors both on this website and other media. To find out more about the cookies we use, see our Privacy Policy in the footer of our website.
Accept
Income Generating Commercial Building
updated on Jun 24, 2026
POA

WEB REF: 766213

Property Summary
  • Selling Price POA
  • Property Type Commercial - Retail
  • Erf Size 495 m2


Description

LIVE & ONLINE AUCTION Auction Time & Date: Wednesday 8 July 2026 @ 12:00 Registration: Online & On-site At The 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 - LEGAL INSTRUCTION (POWER OF ATTORNEY) Municipal Value ±R1,042,000 (GV2025). Spread over 495m², this fully tenanted free-standing building has high footfall frontage access. Income-generating with long-standing retail & residential tenants. Located on the main road of Saldanha CBD, this landmark site will be ideal for owner-occupiers or investors/developers looking for value-add opportunities in the heart of Saldanha. Tenant Mix: Electronic repair centre, private residents, and a superette store. Plenty of off-street parking for retail tenants, with additional parking allocation for on-site residents. The building boasts a pitched roof with significant solar panel installations present. Potential value-adds include advertising and signage, security upgrades, and additional bulk development. View by Appointment. Contact Rob & Sachin today. DETAILS: • Erf no: 2225, Saldanha • Erf size: 495m² 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. 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

      Saldanha Central, Saldanha, Western Cape

      Contact Agent(s)

      eMail Agent(s)