| Industrial space in sought after Cosmo Business Park. |
Going on Auction: Wednesday 28 August 2024
Reserve Price: R1 600 000.00. (All offers will be reviewed)
Expected opening bid: R1 450 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
Cosmo Business Park is a newly developed secure business park which offers warehouses in Cosmo City and is conveniently situated just off Malibongwe Drive, Randburg next to Kya Sands. Cosmo Business Park is a small industrial suburb on its own offering standalone warehouses. This unit offers warehouse space, office with a small kitchenette. Ample secure parking. The park can accommodate large super-link vehicles for easy delivery and dispatch. Twenty-four-hour security onsite. Potential rental income between R15 000.00 – R20 000.00 per month. 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 186 m²
Building Size 186m²
Rates R2,578 per month
Sectional Title Levies R1,872
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