Opening Bid
R5,500,000

Warehouse

LOT 198

20 Yaron Avenue, lea Glen, Roodepoort

  • GLA
    4,000m2
  • No. of Stories
    2
  • No. of Buildings
    1

Online Auction
27 May 2021 - 27 May 2021

Auction will start in:
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Property Description


HIGHLIGHTS


THE STORY

4000 m² Industrial space in Lea Glen with access to major arterial routes such as Main Reef Road, the N1, M1 & M2.

Featuring three entrances all leading into the workshop with roller shutter doors. Included are 3 X 10 ton monorail cranes and a goods lift from ground floor to first floor.

The warehouse is partitioned into 3 sections with spacious locker rooms (Male and female bathrooms including showers). The office space is neat and serviceable with its own bathrooms, a shower and a kitchen.

There is a tenant currently occupying 1000m2 of the warehouse space on a month to month lease, and can vacate if necessary.

SPLUMA Disclaimer: The subject property has a portion that was added to the building increasing the GLA to 4051m2, which is 5% above the allowed GLA as per the SPLUMA act. The maximum usage is 85% of the ERF (3,826m2), and the current GLA equates to 90% coverage of the ERF. This property is sold as-is, and any adjustments to be made to the GLA will be at the buyer's discretion.


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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