Commercial - Retail for auction in Diep River, Cape Town

  1. Web Ref: 1013037

Property Features

ERF Size 595 m²
Building Size 440m²

Commercial Retail with 10% return

Going on Auction: 30 October 2019 at 12 Noon
Reserve Price: P.O.A. (All offers will be reviewed)
(10% Commission plus VAT over and above bid amount)

Great investment opportunity on Main Road Diep River. Easy access to M3 & M5 highways and high visibility. This property is currently used for retail & offices, 10 off street parking bays in front of the building. Current rental income of R59000.00 per month

Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A "Reserve Price" is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property's market value, nor the amount the property is likely to be sold for on the day of the auction


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