ENTIRE SELF STORAGE FACILITY IN VEREENIGING COMMERCIAL PROPERTY AUCTION IN VEREENIGING, GAUTENG AUCTIONED BY BIDX1

Invited Opening Bid R8 000 000

Bidder Security R25 000 *fully refundable if unsuccessful bidder 

Property Summary

Remainder of Erf 1083 Duncanville Vereeniging

Extent 9984m2

Zoniong Industrial

Current rental income R2 482 745.16 per annum

Potential to increase to R4m per annum

47 x 10 sqm units

 6 x 11 sqm units

 1 x 12 sqm unit

 3 x 13 sqm units

-2 x 13 sqm offices

 2 x 14 sqm offices

 1 x 15 sqm unit

 2 x 15 sqm offices

 4 x 16 sqm offices

 3 x 17 sqm offices

 34 x 18 sqm units

 1 x 18 sqm office

 1 x 19 sqm office

 1 x 20 ft container

 1 x 20 sqm office

 24 x 23 sqm units

 2 x 24 sqm units

 1 x 25 sqm unit

 1 x 38 sqm unit

 3 x 3 sqm units

 1 x 40 sqm unit

 3 x 45 sqm units

 1 x 4 sqm unit

 1 x 5 sqm unit

 1 x 6 sqm unit

 7 x 7 sqm units

 113 x 8 sqm units

 4 x 9 sqm units

10% Deposit as well as a Buyers Commission of 5% (plus VAT) will be applicable