| Three warehouse buildings with their own entrances. |
Going on Auction: Wednesday 28 August 2024
Reserve Price: R4 500 000.00. (All offers will be reviewed)
Expected Opening Bid: R4 400 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
This industrial property has three large warehouses on it. Each has its own office, and toilets. Each has its own 10 L geyser and individual meters for water, prepaid meters for electricity. 3 Phase electricity. Separate parking and entrances. Offices have been neatly redone with LED lighting and suspended ceilings.
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 1,326 m²
Building Size 530m²
Rates R3,000 per month
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