Mixed Use for auction in Kenilworth, Johannesburg
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Web Ref: 1258738
Property Features
Interior Features
Exterior Features
Mixed-use commercial property with a monthly income.
Going on Auction: Wednesday 25 September 2024
Reserve Price: R2 500 000.00 (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
Commercial property situated on a corner erf with five shops and two semi-detached houses. Four of the five shops are currently tenanted. All shops have sub-water and electricity meters. The two semi-detached houses consist of three-bedrooms. One full bathroom. Open plan lounge and dining room. Fitted kitchen. Small yard, single garage and an outside toilet. Current rental income R31 685.00 per month. All tenants have a two month’s notice period. The property is sold voetstoots.
Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.
Location
Contact the agent
Registered with the PPRA
Registered with the PPRA
Registered with the PPRA
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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