Commercial Property for auction in Townsend Estate, Goodwood
Web Ref: 1118558
DOUBLE STOREY COMMERCIAL BUILDING WITH RENTAL INCOME.
Going on Auction: Wednesday 29 September 2021
Reserve Price: P.O.A. (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)
Various Business options are possible. The building is ideal for offices, retail, storage, factory, warehouse or distribution centre. The total rental area is 800m2 underroof. Downstairs is currently rented at R24 000.00 per month on a month-to-month basis. Upstairs is currently vacant and ideal for owner occupation. If fully LET achievable rental is approximately R48 000.00 per month.
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.
Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years
Our goal is to sell your property at the right price and in the shortest possible time.