Search Here
Subscribe

SINGLE TENANT IN KZN - PORT SHEPSTONE RETAIL PROPERTY AUCTION IN HOUGHTON, GAUTENG AUCTIONED BY AUCOR CORPORATE (PTY) LTD

Please scroll down for more information.

  • nuco main top site media second banner
  • nuco top site right
  • nuco top site right 2
  • Auction Operation Home Site Top Banner

HOUGHTON - RETAIL PROPERTY

SINGLE TENANT IN KZN - PORT SHEPSTONE

DESCRIPTION:

































































ERF SIZE: 2 024m²

GROSS INCOME: ±R3.608M p.a.

AUCTION DATE: 14 MAY 2024

Prime location in Port Shepstone CBD

6.5% escalation (effective 1st July 2024)

5 years remaining on Boxer lease (3 x 5 year renewal options)

Exceptional exposure to passing pedestrian trade and vehicular traffic









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