New Listing

Commercial - Offices for auction in Cape Town City Centre

  1. Web Ref: 980397

Property Features

ERF Size 1017 m²
Rates R1,538
Building Size 139m²
Home Owner Levies R5,036

Going on Auction 27 February 2019 at 12 Noon

Going on Auction 27 February 2019 at 12 Noon
Reserve Price: R3 500 000.00 (All offers will be reviewed)
(10% Commission plus VAT over and above bid amount)

Currently used as office space and includes 4 offices, 2 reception areas, 1 kitchenette, 1 storeroom & 2 bathrooms with showers, there are also 2 parking bays. The office potential rental income is R26 000.00 per month, the property is currently vacant the property is dual zoned and can be converted into a 2/3-bedroom apartment. (Concept presentation is available for viewing on request). Modern design with beautiful views, facing Table Mountain, fully airconditioned on the 3rd floor of the Oude Schuur Building.

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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