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Commercial Property With National Tenant
updated on Oct 04, 2024
POA

WEB REF: 729005

Property Summary
  • Selling Price POA
  • Property Type Commercial - Retail
  • Erf Size 825.0000 m2


Description

ONLINE AUCTION Bidding Start Time: Wednesday 30 October 2024 @ 09:00 Bidding End Time: Thursday 31 October 2024 @ 14:30 Registration is essential by Monday 28 October 2024. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. DESCRIPTION: Situated on Victoria Road the business corridor of Woodstock. The property is surrounded by other commercial properties and situated in a high residential density area. The property has a AAA-Grade Anchor Tenant Standard Bank who has occupied the building for many years. There is 3 other commercial tenants along Roberts Road. The residential component of the property consists of 6 large 2 and 3 bedroom apartments ranging from ±64m² - 85m². Added value is in the approved SDP, Including HWC Approvals for ground plus 8 additional levels. Total number of units 80, Ranging from 27m² to 64m². 48 x Studio, 19 x1 beds, 13 x 2 beds and 10 x Stores . Further information will be supplied upon an NDA signed. Reach out to secure this incredible investment! DETAILS: • Erf no: 13355, Cape Town • Erf size: 825m² • 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.

Additional Features
      Property Address

      230 Victoria Road Woodstock Cape Town

      Contact Agent(s)

      eMail Agent(s)