Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.

POA

Commercial Property On Auction in Paarl Central East

22 Verster Street, Paarl Central East, Paarl

1 403 m²
- m²: 1 403 m²
- Hectares: 0.14 ha
- Acres: 0.347 acres

AUCTION

Contact Brokers

Exceptional Fully Let Medical Facility

ONLINE AUCTION

Bidding Start Time: Wednesday 26 February 2025 @ 09:00

Bidding End Time: Thursday 27 February 2025 @ 14:30

Registration is essential by Monday 24 February 2025.

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

For more information, please contact the listing agent.

DESCRIPTION:

Renowned medical facility located in vibrant and expanding Paarl. Offering comprehensive healthcare services, this property is part of the extensive Medicross network, which includes 69 Family Medical and Dental Centres across South Africa. This exceptionally modern two-story building is centrally situated and in a prime location. Fully occupied and rented out to medical professionals and offers a tranquil environment.

• Fully tenanted healthcare services

• Great rental income

• Potential to add more doctor rooms

• Good yield with solid investment as...

ONLINE AUCTION

Bidding Start Time: Wednesday 26 February 2025 @ 09:00

Bidding End Time: Thursday 27 February 2025 @ 14:30

Registration is essential by Monday 24 February 2025.

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

For more information, please contact the listing agent.

DESCRIPTION:

• Fully tenanted healthcare services

• Great rental income

• Potential to add more doctor rooms

• Good yield with solid investment as doctors rooms don’t move around

• Lots of parking but opportunity to rent parking area next door.

• Great investment been there since 2007.

• The property features ample, secure parking spaces

• Includes 28 air conditioning units.

• A brand-new generator ensures uninterrupted power supply.

• Vat entity - Zero-rated transaction

DETAILS:

• Erf size: 1403m²

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.

The Claremart Group is a leader in commercial and residential properties. We attract huge crowds to our auctions and consistently match and exceed the mandated price on properties sold under our hammer.