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FULLY LET COMMERCIAL BUILDING IN THE MAIN ROAD IN WYNBERG COMMERCIAL PROPERTY AUCTION IN WYNBERG, WESTERN CAPE AUCTIONED BY BIDX1

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WYNBERG - COMMERCIAL PROPERTY, INVESTMENT PROPERTY, RETAIL PROPERTY

FULLY LET COMMERCIAL BUILDING IN THE MAIN ROAD IN WYNBERG - THIS AUCTION HAS CLOSED

DESCRIPTION:

Invited Opening Bid R2 000 000

Bidder Security R25 000 *fully refundable if unsuccessful bidder

Property Summary

This sale is Subject to Confirmation by the parties involved

Erf 66917 and 66918 Wynberg

Total extent 263m2

Rates approximately R3685 per month

Current rental income of R456 000 per annum

FEATURES:














Entire free standing commercial building

3 ground floor shops and first floor space 

Residential property at the back of the property

All leases on a month to month agreement at present

Tenants include a Salon, Pie shop, a taylor and a church

 

Location

This property is located in the Main Road of Wynberg upper with fantastic exposure and lot of passing traffic

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