Opening Bid
R4,600,000

Investment

LOT 265

27 Kemston Avenue, Benoni

  • GLA
    3,570m2
  • Occupancy
    100%
  • No. of Stories
    2
  • No. of Buildings
    2

Online Auction
30 Sep 2021 - 30 Sep 2021

Auction will start in:
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Property Description


HIGHLIGHTS


THE STORY

Located in the sought after industrial hub of Benoni, this property is for investors. Situated in Kemston Avenue, just a few meters from Voortrekker Street and approximately 250m from the N12 Highway, just off Tom Jones Road.

The property consists of two large warehouses with different 4 tenants. Two of the warehouses have been separated into 4 sections which are all fully tenanted by different companies,.

The largest of the section is rented by a panel beater who has been renting the premises since 1996. The second section is being rented out by a Scrap Metal company. Third section, being rented out by an Gearbox Mechanic and lastly the 4th section has just been rented out on a 2 year lease.

This property speaks for itself.


VIEWINGS: Contact Darryl Milner (details below) for more information or to arrange a viewing

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

BUYERS PREMIUM: 6% 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

 

Darryl Milner
[email protected]

0828743110
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