POA

Commercial Property On Auction in Woodstock

230 Victoria Road, Woodstock, Cape Town

825 m²
- m²: 825 m²
- Hectares: 0.083 ha
- Acres: 0.204 acres

AUCTION

Commercial Property With National Tenant

ONLINE AUCTION

Bidding Start Time: Wednesday 30 October 2024 @ 09:00

Bidding End Time: Thursday 31 October 2024 @ 14:30

Registration is essential by Monday 28 October 2024.

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

For more information, please contact the listing agent.

DESCRIPTION:

Situated on Victoria Road the business corridor of Woodstock. The property is surrounded by other commercial properties and situated in a high residential density area.

The property has a AAA-Grade Anchor Tenant Standard Bank who has occupied the building for many years. There is 3 other commercial tenants along Roberts Road. The residential component of the property consists of 6 large 2 and 3 bedroom apartments ranging from ±64m² - 85m².

Added value is in the approved SDP, Including HWC Approvals for ground plus 8 additional levels.

Total number of units...

ONLINE AUCTION

Bidding Start Time: Wednesday 30 October 2024 @ 09:00

Bidding End Time: Thursday 31 October 2024 @ 14:30

Registration is essential by Monday 28 October 2024.

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

For more information, please contact the listing agent.

DESCRIPTION:

Situated on Victoria Road the business corridor of Woodstock. The property is surrounded by other commercial properties and situated in a high residential density area.

The property has a AAA-Grade Anchor Tenant Standard Bank who has occupied the building for many years. There is 3 other commercial tenants along Roberts Road. The residential component of the property consists of 6 large 2 and 3 bedroom apartments ranging from ±64m² - 85m².

Added value is in the approved SDP, Including HWC Approvals for ground plus 8 additional levels.

Total number of units 80, Ranging from 27m² to 64m².

48 x Studio, 19 x1 beds, 13 x 2 beds and 10 x Stores .

Further information will be supplied upon an NDA signed.

Reach out to secure this incredible investment!

DETAILS:

• Erf no: 13355, Cape Town

• Erf size: 825m²

• Zoning: General Business 5

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.