Claremart

KEEPING YOUR FINGER ON THE PULSE OF THE PROPERTY MARKET

WEBREF: 7180

TENANTED COMMERCIAL BUILDING

38 NORTHUMBERLAND STREET, BELLVILLE

Property Description

GUIDE PRICE R 6 000 000 TO R 7 500 000

DESCRIPTION:

  • Approximately 600m2 lettable space
  • Tenant – Fish retailer
  • One of the most sought after streets with lots of onsite and off-street parking
  • Current rental income of R 671 846.40 per annum
  • Electricity and damages deposit of R204 000 paid by the tenant
  • In addition to the rental, the tenant pays for all services.
  • Rates R55 089 per annum
  • Insurance R12 722 per annum

 

DETAILS:

  • Erf no: 4427
  • Erf size: 549m²

 

CAN'T MAKE THE AUCTION?

Telephonic bidding facilities available!

T's & C's Apply

Auction Venue

AUCTION VENUE

Hellenic Club, 24 Bay Road, Mouille Point

AUCTION TIME

28/08/2019

12h30

Property Location

Property Info

38 NORTHUMBERLAND STREET, BELLVILLE

CONTACT AGENT

Anton Koegelenberg

0836315950

ENQUIRE NOW

ON SHOW DATES

Tuesday 13 August 2019, 12 - 2 pm

Wednesday 21 August 2019, 12 - 2 pm