Commercial Property for auction in Ravensmead, Parow
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Web Ref: 1356626
Property Features
Interior Features
Exterior Features
VACANT COMMERCIAL PROPERTY IN RAVENSMEAD.
Going on Auction: Wednesday 26 August 2026
Reserve Price: R600 000.00 (All offers to be reviewed)
Expected Opening Bid: R500 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)
Exceptional Retail Opportunity in a High-Demand Residential Area.
This vacant commercial property presents versatile options in an established neighbourhood.
Located in the middle of a residential hub it is very well suited for a convenience store, food outlet, hardware store, or a shop providing daily essentials. The presence of a long-standing community will ensure continuous traffic for these much-needed amenities allowing for a successful business operation. Depending on the offers received, the Seller will decide whether to include the building materials in the sale.
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
Registered with the PPRA
Registered with the PPRA
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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*based on purchase price at Prime over 20 years
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