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POA

Commercial Property On Auction in Regents Park

Erf 94 James Street, Corner Of Augusta Road, Regents Park, Johannesburg

495 m²
- m²: 495 m²
- Hectares: 0.05 ha
- Acres: 0.122 acres

AUCTION

Contact Broker

Joshua Soutter

Show Contact Number

Attention Investors

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:

• Prime commercial property for Sale – High yield investment.

• Annual rental income: ±R198,640

• Yield: 11.04% This lucrative commercial property offers a diverse tenant mix and solid rental returns, making it a fantastic investment opportunity.

Property Features:

• Three retail shops – Secure and tenanted, ensuring steady income.

• Church facility – Reliable long-term tenant.

• Caretaker's facilities – Added convenience for property management.

• Strategic Location – High visibility and foot traffic for businesses.

With an impressive 11.04% yield,...

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:

• Prime commercial property for Sale – High yield investment.

• Annual rental income: ±R198,640

• Yield: 11.04% This lucrative commercial property offers a diverse tenant mix and solid rental returns, making it a fantastic investment opportunity.

Property Features:

• Three retail shops – Secure and tenanted, ensuring steady income.

• Church facility – Reliable long-term tenant.

• Caretaker's facilities – Added convenience for property management.

• Strategic Location – High visibility and foot traffic for businesses.

With an impressive 11.04% yield, this property is ideal for investors seeking a high-return, low-risk commercial asset.

Don't miss out on this incredible opportunity.

DETAILS:

• Erf no: 94, Regents Park Estate

• Erf size: 495m²

• Zoning: Business 1

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.