Opening Bid
R10,800,000

Investment

LOT 253

3 Amanda Ave, Lea Glen

  • GLA
    3,411m2
  • Occupancy
    100%
  • No. of Stories
    2
  • No. of Buildings
    1

Online Auction
30 Sep 2021 - 30 Sep 2021

Auction will start in:
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Property Description


HIGHLIGHTS:


THE STORY

This is an excellent opportunity to purchase an industrial property tenanted by a longstanding blue-chip tenant.

This tenanted warehouse consists of large, unencumbered floor space well suited to storage and distribution, a small internal office component, storage rooms, and a workshop.

The height to eaves is approximately 5.5 meters, with two 4.5m roller shutter doors leading on to Amanda Avenue. There is also a separate smaller entrance to the warehouse along the Western facade.

This property is equipped with a functioning sprinkler/compressor system, and the construction consists of a clear span steel structure with walls built of brick, and IBR sheeting. The roofing and insulation are in good condition and fitted with adequate lighting.


VIEWINGS: Contact Aiden van Dyk (details below) for more information or to arrange a viewing

REGISTRATION FEE: R50 000 (refunded immediately if not winning bid)

BUYERS PREMIUM: 5% ex VAT

NOTE:

Please note the following will be required to register to bid:






DISCLAIMER: No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidStream or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidStream or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidStream or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, or inaccuracy of description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidStream or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidStream or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidStream or the vendor.

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Contact

 

Aiden Van Dyk
[email protected]
BidStream
071 684 2814
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