Fully Tenanted Victorian Commercial Building on Busy Main Road Wynberg
updated on Jun 30, 2020
POA

WEB REF: 233707

 
  • Price POA
  • LocationCape Town, Wynberg
  • Property TypeCommercial - Retail
  • Erf Size916 m2
  • Rates & Taxes R 5913.93
Description

Guide Price R 2 400 000 - R 3 100 000 ONLINE BIDDING ONLY Bidding Times: Wednesday 29 July 2020 @9am – 4pm Registration is essential before Tuesday 28 July @ 2pm For more information please contact the listing agent. Description: • 5 tenanted shops (2 have long term tenants) • GLA: shops and garages ± 446 m² • Access for deliveries from Stilton Road • Potential to increase rentals • POTENTIAL DEVELOPMENT - Bulk factor – 3.7, height restriction – 7 stories, coverage – 100% Details: • Erf no: 67485 • Erf size: 916m² Payment Terms: 2.5% Deposit & 10% Auctioneers fee (excl. VAT on fee); Payable on the fall of the hammer by means of EFT only. Balance payable on transfer. Registration Requirements: To bid at the auction you need to provide a copy of your identity document and current proof of residence (not older than 3 months) as well as a R20,000 registration fee. Disclaimer: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.

      Property Address

      416 Main Road Wynberg Cape Town

      Contact Agent(s)

      Sanjeev Boyjoonauth
      Sanjeev Boyjoonauth
      Cell: 071 223 9552
      Email: sanjeev@claremart.co.za
      SMS Agent
      WhatsApp Agent
      View all my listings
      eMail Agent(s)