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Prime Commercial Building With High Returns - Parow
updated on Sep 15, 2021
R 5 900 000

WEB REF: 531488

 
  • Price POA
  • LocationParow, Parow Central
  • Property TypeCommercial - Retail
  • Erf Size991 m2
  • Rates & Taxes R 5311.56
Description

Bidding opens at R5,900,000 ONLINE AUCTION Bidding Start Time: Wednesday 27 October 2021 @ 9:00AM Bidding End Time: Thursday 28 October 2021 @ 2:30PM Registration is essential before Tuesday 26 October @ 2:00PM. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. Description: 3 retail shops including Pep Stores, currently generating rental income of over R1,156,000 incl. VAT. Units – Max bulk of over 2900sqm – Redevelopment potential for mixed use commercial and residential Details: • Erf no: 24713 • Erf size: 991m² 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 refundable 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.

Additional Features
      Property Address

      22 Station Arcade Parow Central Parow

      Contact Agent(s)

      eMail Agent(s)