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2 BUILDINGS COMPRISE 3 STORIES, 2 FLOORS UNOCUPIED WITH DEVELOPMENT POTENTIAL, BELLVILLE SOUTH RETAIL VEHICLES AUCTION IN BELLVILLE SOUTH, WESTERN CAPE AUCTIONED BY BIDX1

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BELLVILLE SOUTH - RETAIL VEHICLES, COMMERCIAL PROPERTY, DEVELOPMENT PROPERTY, INVESTMENT PROPERTY

2 BUILDINGS COMPRISE 3 STORIES, 2 FLOORS UNOCUPIED WITH DEVELOPMENT POTENTIAL, BELLVILLE SOUTH

DESCRIPTION:

Invited Opening Bid R8 000 000

Bidder Security R25 000 *fully refundable if unsuccessful bidder


2, Eendrag Street, Bellville South, Western Cape, South Africa

 

Property Summary

This sale is Subject to Confirmation by the parties involved.

Erf extent 1932 Sqm. 3 erven combined.

Zoning GB3 shop retail . Supermarket possibilities

Prime positioned , 3 phase electrical supply.

FEATURES:

The 2 buildings comprise 3 stories , 2 floors unocupied with development potential

Supremed position with potential and upside with a rezoning.

Liquor outlet and Burner Franchise occupying small area of ground floor.. 

House on on erf, presently occupied by the staff.

Close to University of  the Western Cape and Bellville Taxi rank.

Student accomodation potential at its maximum.

A 10% deposit and 5% auctioneers fee (plus VAT on fee) is due and payable by the highest bidder once bidding has closed. 

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