Opening Bid
R17,000,000

Warehouse

LOT 152

1 & 25 Piet Rautenbach Street, Brits

  • GLA
    13,001m2
  • No. of Buildings
    5

Online Auction
28 Jan 2021 - 28 Jan 2021

Auction will start in:
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Property Description


HIGHLIGHTS


THE STORY

Stand-alone property, suitable for heavy manufacturing - including engineering, panel beaters, plastic extrusion, etc. Due to the large yard, it is also suitable for parking a large fleet of trucks, buses, earthmoving equipment, etc. There are 5 buildings, including a large workshop, 2 smaller workshops, an office block, and separate staff quarters. 

There is an excellent tenant in occupation in a small portion of the property, separated from the main property. Their rental is R84 000 per month, plus vat. They have a short lease but want to extend the lease term.


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: 3% 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

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Contact

 

Clint Gronbeck
[email protected]
Bidstream
060 798 6629
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