Commercial Property for auction in Windermere, Cape Town

R2,800,000
  1. Web Ref: 1158056
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Property Features

ERF Size 593 m²
Rates R3,415
Building Size 350m²

Exterior Features

10 Parking Spaces

Investment opportunity in an established neighbourhood.

Going on Auction: Wednesday 27 July 2022
Reserve Price: R3 300 000.00(All offers will be reviewed)
Expected Opening Bid: R2 800 000.00
Non-refundable 10% commission plus VAT over and above purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

This income generating investment in an established neighbourhood invites its new owner to take over. The property offers multiple living space but has flair for options such as offices, doctors’ rooms, learning center or just how your creative mind influences you. Enclosed multiple parking is an added bonus for the business minded investor. Easy access and close to civic amenities. Current rental income of R45 000 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

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