12 Bedroom mixed use for auction in Salt River, Cape Town

MIXED USE COMMERCIAL SPACE IN BUSY SALT RIVER

Going on Auction: Wednesday 22 June 2022
Reserve Price: R4 000 000.00 (All offers will be reviewed)
Expected Opening Bid: R3 800 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

Mixed Use property available in Salt River. The ground floor has 9 rooms out of which 7 is currently occupied with month to month leases. First floor dwelling has 3 bedrooms, family bathroom and open plan kitchen and lounge. Centrally located and easily accessible

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.