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POA

Commercial Property On Auction in Bo Kaap

  • Floor Size 58 m²
  • AUCTION
Busy Superette Property On Month To Month Tenancy

ONLINE AUCTION

Bidding Start Time: Tuesday 29 April 2025 @ 09:00

Bidding End Time: Wednesday 30 April 2025 @ 14:30

Registration is essential by Friday 25 April 2025.

Pre-Auction Offers may be considered. Auction Finance Available.

For more information, please contact the listing agent.

DESCRIPTION:

A rarely positioned property with superette as tenant in the heart of the highly sought-after Bo-Kaap is now available! This prime retail space offers:

• Rental income of ±R252,000 per annum with a month-to-month tenancy.

• Located within a 3-section property, with the shop available for individual sale.

• Prime location ensuring stable trading and consistent foot traffic.

• Excellent yield

Don't miss this exceptional investment opportunity in one of Cape Town's most vibrant and historic neighborhoods.

DETAILS:

• Sectional scheme name: SS Chiappini Place

• ...

ONLINE AUCTION

Bidding Start Time: Tuesday 29 April 2025 @ 09:00

Bidding End Time: Wednesday 30 April 2025 @ 14:30

Registration is essential by Friday 25 April 2025.

Pre-Auction Offers may be considered. Auction Finance Available.

For more information, please contact the listing agent.

DESCRIPTION:

A rarely positioned property with superette as tenant in the heart of the highly sought-after Bo-Kaap is now available! This prime retail space offers:

• Rental income of ±R252,000 per annum with a month-to-month tenancy.

• Located within a 3-section property, with the shop available for individual sale.

• Prime location ensuring stable trading and consistent foot traffic.

• Excellent yield

Don't miss this exceptional investment opportunity in one of Cape Town's most vibrant and historic neighborhoods.

DETAILS:

• Sectional scheme name: SS Chiappini Place

• Sectional scheme no: 420/2004

• Unit no: 2

• Unit size: 58m²

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 copy of your identity document and current proof of residence (not older than 3 months) as well as a R20,000 refundable registration fee.

DISCLAIMER:

The information supplied in this advert 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.

Listing number: P24-115751608, Image number: 1
Listing number: P24-115751608, Image number: 2
Listing number: P24-115751608, Image number: 3
Listing number: P24-115751608, Image number: 4
Listing number: P24-115751608, Image number: 5
Listing number: P24-115751608, Image number: 6
Property Overview
Listing Number
115751608
Type of Property
Commercial Property
Listing Date
20 March 2025
Floor Size
58 m²
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Auction Details

29 April 2025, 09:00
Online Auction Online Auction
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