Mixed Use Income Generating Building

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General Details
For Rent By:Agency
For Sale By:Agency
Dwelling Type:Other
Guide Price R 1 600 000 - R 2 000 000

Bidding times: Tuesday 7 April 2020 @ 9am - 4pm

3 x semi-detached buildings on one erf
Granny flat: Open plan kitchen and bedroom, with bath room
Outdoor store room.
Doctor's surgery/ consultation room with Kitchen,toilet and reception area.
Plus Shop/cafe area with toilet and back room.
fully tenanted (long Standing Tenants)
Development Opportunity for block of flats,mixed use,retail,office and business
Floor Factor 1,0 ; permissible coverage 75% ; Maxim height 12 meters
Fully Secured Property
private courtyard with water-feature and entertainment area from street
Secure Enclosed parking for 4 cars
off street parking available as well

Erf no: 30167
Erf size: 535m²
month income : R19800.00
Annual income : +/- R236 000
Zoning Local Business 2
40% Business rights.

Payment Terms:
2.5% Deposit & 10% Auctioneers fee (excl. VAT on fee); Payable on the fall of the hammer by means of EFT only. Balance payable on transfer.

Registration Requirements:
To bid at the auction you need to provide a certified copy of your identity document and current proof of residence (not older than 3 months).

Brochure Disclaimer:
The information supplied in this catalogue does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.

Available From: 01/01/1990
Property Reference #: 144011

Agent Details:
Tariq Mohamed
ClareMart Auction Group
Claremart House, 49 Somerset Road
Green Point
Cape Town
Id Subtitle 691439941
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Website: http://www.claremart.co.za
ClareMart Auction GroupMember since 2019
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Website: http://www.claremart.co.za