New Listing

Offices for auction in Westdene, Bloemfontein

R800,000
  1. Web Ref: 1159867
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Property Features

ERF Size 530 m²
Rates R1,000 per month
Building Size 103m²

OFFICE SPACE IN PRIME LOCATION. BEST INVESTMENT IN BUSINESS YOU WILL MAKE

Going on Auction: Wednesday 27 July 2022
Reserve Price: R800 000.00 (All offers will be reviewed)
Expected opening bid: R750 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)

This property offers ample office space of 103 square meters with excellent exposure in Nelson Mandela Drive in the CBD of Bloemfontein. It can easily be sub-divided into smaller offices. Best suited for a corporate or retail environment. Remote access basement parking available. Currently the office space is sublet by two tenants with lease agreements in place, the rental income is R9200.00 per month. Seller is not registered for VAT.

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.

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