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Going on Auction: Wednesday 28 August 2024
Reserve Price: R1 450 000.00 (All offers will be reviewed)
Expected Opening Bid: R1 300 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
Positioned in an enviable location, Aldrovande Palace offers unparalleled convenience and accessibility. Situated close to the M4 and N2 highways, his property is less than 1km from the bustling Gateway Shopping Mall and only 20km from King Shaka International Airport, making it an ideal choice for businesses seeking a strategic location. Sale includes 2 x basement parking bays and a 24 sqm exclusive use storage unit located in the basement area of the building, ideal for storing stock, and other useful business items.
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 58 m²
Building Size 82m²
Rates R978 per month
Sectional Title Levies R2,029
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