| 51m2 COMMERCIAL RETAIL OR OFFICE SPACE |
Going on Auction: Wednesday 23 July 2025
Reserve Price: R590 000.00 (All offers will be reviewed)
Expected Opening Bid: R470 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 51m2 commercial property is situated in a prime location and is ideally suited for a commercial or mix-use business set-up. It was previously used as a fast-food shop and is now vacant, ready to be set up according to your needs. It offers two rooms, a spacious reception area and a full bathroom. Within walking distance to the beach and directly opposite Shoprite, a high foot traffic area, perfect for retail, office or service-based use. Excellent investment with strong potential during peak holiday season. Potential rental income of R1000.00p/m. The seller is registered for VAT. Vacant on transfer.
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.
ERF Size 51 m²
Building Size 51m²
Rates R1,990 per month
Sectional Title Levies R970
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Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Cagney Nienaber
c. 0670650336
cagney.nienaber@rawson.co.za
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