Opening Bid
R12,000,000

Investment

LOT 283

83 Woburn Avenue, Benoni

  • GLA
    3,500m2
  • No. of Stories
    7
  • No. of Buildings
    1

Online Auction
02 Dec 2021 - 02 Dec 2021

Auction will start in:
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Property Description


HIGHLIGHTS:


THE STORY

This 3500sqm tenanted commercial building is in the heart of Benoni between two main roads, namely Tom Jones and Bunyan Streets. This asset is tenanted, perfect for an investor looking for an excellent return on investment.

This building stands out and has great East and North-facing signage opportunity.

The main tenant is a well known large South African College with additional tenants. The building is 7 storey's above ground level with 2 levels of basement parking below. Each floor can be used as open plan offices or training centres, or alternatively, easily modified and compartmentalised to suit varying tenant needs.

The property has one main entrance which is manned by security.

This transaction attracts VAT.


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: 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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Darryl Milner
[email protected]

0828743110
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