Commercial - Retail for Sale in Woodstock

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.