| COMMERCIAL / INDUSTRIAL UNIT IN SECURE INDUSTRIAL COMPLEX |
Going on Auction: Wednesday 23 July 2025
Reserve Price: R800 000.00. (All offers will be reviewed)
Expected Opening Bid: R700 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
167m2 Commercial / industrial unit in a secure complex presenting a healthy return on investment. The unit has an office space, reception area, kitchenette, large storage and workshop area as well as a unisex bathroom. Ideally situated on a busy road, the unit is currently tenanted on a month-to-month basis with a rental income of R11 343.00 per month. The tenant expressed interest to sign a new lease agreement with the new owner.
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.
ERF Size 167 m²
Building Size 167m²
Rates R2,510 per month
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Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Jayson Fenske
c. 0608275286
jayson.fenske@rawson.co.za
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