Commercial Property for auction in Wynberg, Cape Town
Web Ref: 1125817
Going on Auction: Wednesday 24 November 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)
Four mixed use properties on the Main Road, Wynberg
IDEAL TO BE DEMOLISHED AND CONVERTED INTO A BLOCK OF FLATS
The total size of the four properties is just over 1000msqm
Ideal for blocks of flats with commercial components at the bottom.
Onus on buyer to pay arrears rates and evict any tenants. No leases in place.
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.