Commercial Property for auction in Southfield, Cape Town

R3,000,000
  1. Web Ref: 1081084
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Property Features

ERF Size 801 m²
Rates R2,000
Building Size 350m²

Commercial Office Space, Southfield

Going on Auction: Wednesday 27 January 2021
Reserve Price: R3 800 000.00 (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 fall of the hammer (Payable by the buyer)

Freestanding commercial space in immaculate condition on busy Princess Vlei Road. The property consists of four offices, workshop, storage space, kitchenette and bathroom. The property is very secure with electric fence and alarm system. Enclosed parking for fifteen cars. Ideal for development, office space or owner occupier. Currently vacant. Can be let for approximately R30 000.00 to R35 000.00 per month. Ideal for office space, plumbing or anyone in building profession.

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

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