Opening Bid
R3,600,000

Office & Retail

LOT 192

4 Clevedon rd, Mt Croix, Port Elizabeth

  • GLA
    1,184m2
  • No. of Stories
    3
  • No. of Buildings
    1

Online Auction
25 Mar 2021 - 25 Mar 2021

Auction will start in:
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Property Description


HIGHLIGHTS


THE STORY

This tenanted block of offices is situated in a prime location close to the intersection of Cape Road and Albany Road in Mount Croix, PE.

The property is being sold as a going concern, and the rent roll and income statements can be made available. There are 10 lettable units with 8 currently tenanted, with sizes range from 45sqm to 134sqm.

These offices have a potential annual turnover of R756 000.00 per annum.
Ground floor units each have their own kitchen and male/female toilets whilst the 1st & 2nd floor units have communal male/female toilets & kitchen.


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: 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

 

Aiden Van Dyk
[email protected]
BidStream
071 684 2814
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