| Prime commercial investment with multiple income streams. |
Going on Auction: Wednesday 29 July 2026
Reserve Price: R3 500 000.00. (All offers will be reviewed)
Expected Opening Bid: R3 000 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on the fall of the hammer (Payable by the buyer)
Multi-tenanted commercial property with excellent returns.
This well-positioned multi-tenant commercial property presents an outstanding investment opportunity in the heart of Ennerdale. Situated on a prominent corner stand with excellent exposure, the property offers 533.5m² of lettable space on a 948m² erf, comprising multiple income-generating retail units occupied by established tenants, including a butchery, liquor store, salon, and general dealer. The property boasts a potential annual rental income of R553 717.08, offering excellent returns for investors. Additional features include ample secure parking for approximately 10 vehicles, three kitchens, three bathrooms, additional office or storage space, and wheelchair-friendly access. Extensive security measures, including perimeter walls, security gates, roller shutters, burglar bars, barbed wire, and 24-hour security, provide peace of mind for tenants. With excellent visibility, a strong income-generating profile, and significant scope to modernize and enhance future returns, this is an exceptional value-add opportunity for discerning commercial investors.
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 948 m²
Building Size 533m²
Rates R10,597 per month
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Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Bernedet de Lange
c. 0795637416
bernedet.delange@rawson.co.za
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