Search Here
Subscribe
SAIA - South African Institute of Auctioneers

RE-DEV OPPORTUNITY IN THE HEART OF MABONENG - CITY AND SUBURBAN COMMERCIAL PROPERTY AUCTION IN CAPE TOWN, WESTERN CAPE AUCTIONED BY CLAREMART AUCTIONEERS

Please scroll down for more information.

The South African Institute of Auctioneers Promotes the Auction Industry by Serving our Members, Stakeholders and the Public.

  • Citizen media hammer gavel
  • godove media
  • Nuco Site top
  • Auction Operation Home Site Top Banner
  • crosstate auction top site

CAPE TOWN - COMMERCIAL PROPERTY, DEVELOPMENT PROPERTY, INVESTMENT PROPERTY

RE-DEV OPPORTUNITY IN THE HEART OF MABONENG - CITY & SUBURBAN

DESCRIPTION:

242 Marshall Street City & Suburban Johannesburg

FEATURES:

BIDDING OPENS AT R2,600,000

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:

One of the last remaining Industrial zoned properties in Maboneng.

A truly unbelievable conversion opportunity of an existing industrial structure into a residential property in the bustling heart of Maboneng.

This property is currently occupied by illegal occupants and is in need of a desperate make over, with minimal effort, this building could be turned into an amazing place to reside.

Approximately 2500m2 spanning over 5 floors making enough room for comfortable bachelor or student living.

The property is primely located near a shopping complex, restaurants, entertainment venues, highways and public transport in the vibrant Maboneng.

Details:

• Erf no: 567

• Erf size: 495m²

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.


 
  • South African Auction College
  • banner2 middle liquidity
  • prime auctions middle middle
  • dynamic hatfield
  • Royal Academy middle site right
  • PVA Banner
  • michael james site left bottom
  • godove site middle click
  • auction operation site middle left
  • WH auctions site click right