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PICK ‘N PAY AND KINGFISHER SQUARE - ELSPARK, GERMISTON RETAIL PROPERTY AUCTION IN HOUGHTON, GAUTENG AUCTIONED BY AUCOR CORPORATE (PTY) LTD

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HOUGHTON - RETAIL PROPERTY

PICK ‘N PAY & KINGFISHER SQUARE - ELSPARK, GERMISTON

DESCRIPTION:

ERF SIZE: 7 827m²

GLA: ±8 463 M² (INCL.GARAGES & STOREROOM)

GROSS INCOME: ±R10.4M p.a.

AUCTION DATE: 14 MAY 2024

Single tenant Pick 'n Pay with 25 year lease

Kingfisher Square - with multiple national tenants anchored by Pep Stores, Liquor City, Ackermans and Steers

Income generating investment opportunity

Ample on site parking


 

FEATURES:

Terms


R50 000 refundable deposit (strictly bank guaranteed cheque or cash transfer only). Bidders must provide original proof of identity and residence on registration. No cash will be accepted at the auction. No exceptions. All bids are exclusive of VAT. Aucor Property may bid up to reserve on behalf of the sellers. Subject to change without notification. Auctioneer: Shaie Zindel
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