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SAIA - South African Institute of Auctioneers

EXCELLENT PROPERTY WITH A GREAT YIELD - HENVILLE COMMERCIAL PROPERTY AUCTION IN CAPE TOWN, WESTERN CAPE AUCTIONED BY CLAREMART AUCTIONEERS

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CAPE TOWN - COMMERCIAL PROPERTY, INDUSTRIAL PROPERTY, INVESTMENT PROPERTY

EXCELLENT PROPERTY WITH A GREAT YIELD - HENVILLE

DESCRIPTION:

8 Gerhardus Road Henville Germiston

FEATURES:

BIDDING OPENS AT R6,000,000

ONLINE AUCTION

Bidding Start Time: Wednesday 28 July 2021 @ 9:00AM

Bidding End Time: Thursday 29 July 2021 @ 2:30PM

Registration is essential before Tuesday 27 July @ 2:00PM

For more information, please contact the listing agent.

Description:

Industrial factory available in Henville, Germiston. This industrial node offers a great variety of businesses predominantly focused on Steel, Mining, Engineering and other various forms of manufacturing. Situated along the N12, the area is very easily accessible via the Kraft Road turn off and borders well known nodes such as Isando and Jet Park.

ANNUAL RENTAL - R806 400

This freestanding property is made up of a factory:

• Currently tenanted till November 2022

• Factory ablution block

• Separate double story office component

• The factory space offers approximately 5m height to eaves

• Multiple single gantry hoists with a lifting capacity of 1 – 2tons

• Space to the rear of the property to accommodate a generator or compressor

• Multiple industrial roller shutter doors

• 3-phase power supply

• Double volume office component

• Sizable walk-in reception

• Boardroom

• Office block has its own kitchenette and ablutions which are completely separate from the factory ablutions

• Secure parking of up to 8 vehicles under shaded netting

• Barred perimeter fence with an added 8 string electric fence allowing for additional security of one’s operations.

• Open bays to the exterior of the property

• Two gates control the access into the factory’s loading/staging area

Details:

• Erf no: 74

• Erf size: 2551m²

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.


 
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