Reduced

Retail for auction in Bridgeton, Oudtshoorn

R1,150,000
  1. 4
  2. Web Ref: 1250084
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Property Features

ERF Size 509 m²
Rates R476 per month
Building Size 467m²

Interior Features

4 Bathrooms
Security

Exterior Features

2 Parking Spaces

Retail commercial property.

Going on Auction: Wednesday 22 May 2024
Reserve Price: R1 150 000.00. (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)

Commercial building tenanted with three tenants that include a hairdresser, barber, cleaning material shop and a takeaway shop. Current rental income R9 830.00 per month. R120 000.00estimate income for Andy’s fisheries. The Takeaway shop is sold as a going concern.

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.

Location

Contact the agent

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Tanya Jovanovski
Principal Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

222 Main Road, Rondebosch

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*based on purchase price at Prime over 20 years

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