Opening Bid
R11,000,000

Office & Retail

LOT 160

89 Mimosa Street, Helderkruin

  • GLA
    2,243m2
  • No. of Stories
    2
  • No. of Buildings
    2

Online Auction
28 Jan 2021 - 28 Jan 2021

Auction will start in:
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Property Description


HIGHLIGHTS


THE STORY

A-grade office estate, comprising of 2 buildings. It is freehold and has a commercial zoning. The stand measures 3967m2 and the Gross Lettable Area measures 2243m2. There are 8 tenants currently in occupation. There is 24 hour guarded security and 2 entrances/exits to the premises. Each tenant has their independent electricity metre and water is paid based on the m2 each tenant occupies. 

An upside for the purchaser is that there is currently an 86.6% occupancy, as there is approximately 300m2 still to be tenanted, which could generate an additional income of approximately R25 000, plus vat, per month.


VIEWINGS: Contact Clint Gronbeck (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.

Legal Documents

Photos


Contact

 

Clint Gronbeck
[email protected]
Bidstream
060 798 6629
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