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The South African Institute of Auctioneers Promotes the Auction Industry by Serving our Members, Stakeholders and the Public.
5 Barrow Street Monte Vista Goodwood
Guide Price R 6 000 000 - R 7 000 000
ONLINE BIDDING ONLY
Bidding Start Time: Wednesday 25 November 2020 @9:00AM
Bidding End Time: Thursday 26 November 2020 @2:30PM
Registration is essential before Tuesday 24 November @2:00PM
For more information please contact the listing agent.
This property is situated in the hub of Monte Vista and is a prime property. Close and easy access to all major motorways and public transport gives you the edge and that's why tenants love the area. Ample parking which makes things easy for tenants and zoned GB2 which means there is room for expansion.
GROUND FLOOR - FULLY LET
3 fully tenanted shops that have been there for years
The back courtyard behind shops
Ample parking in front of the building
Prepaid water meters installed
Applied for prepaid electricity meters
Each tenant fully alarmed
Total rental income R30 000 pm
Previously used as a preschool
Potential rental R15 000 pm
Erf no: 440
Erf size: 486m²
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.
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 registration fee.
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.
CONSTRUCTION, PLANT, MACHINERY & PRINTING
COMMERCIAL VEHICLES, CONSTRUCTION, INDUSTRIAL MACHINERY, INDUSTRIAL PROPERTY, MINING, PETROCHEMICAL, OIL & GAS, PLANT, MACHINERY & PRINTING
RESIDENTIAL PROPERTY, INVESTMENT PROPERTY