Mixed Use for auction in Park Rynie, Scottburgh
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Web Ref: 1304139
Property Features
SIX COMMERCIAL WAREHOUSES SOLD INDIVIDUALLY OR AS ONE LOT
Going on Auction: Wednesday 25 June 2025
Reserve Price: R650 000.00. For each individual unit. All offers will be reviewed.
Reserve Price: R3 900 000.00 sold as one lot. 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)
An amazing investment opportunity: six commercial mixed-use buildings in a secure sectional title industrial park. Each 159m² unit features a split-level open-plan layout - ideal for office use above and storage or business below. Include a private bathroom and wash basin, offering flexible functionality for various commercial needs. One secure tenant has leased a unit for three years, paying a consistent R8000.00 monthly. Fully let, these units offer a potential R48,000 in monthly rental income - an excellent return on investment.
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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Registered with the PPRA
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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