Property Summary
This sale is Subject to Confirmation by the parties involved
Erf 66917 and 66918 Wynberg
Total extent 263m2
Rates approximately R3685 per month
Current rental income of R456 000 per annum
Property description
Entire free standing commercial building
3 ground floor shops and first floor space
Residential property at the back of the property
All leases on a month to month agreement at present
Tenants include a Salon, Pie shop, a taylor and a church
Location
This property is located in the Main Road of Wynberg upper with fantastic exposure and lot of passing traffic
Additional Details
A 10% deposit and 5% auctioneers fee (plus VAT on fee) is due and payable by the highest bidder once bidding has closed. See Legal tab for Special Conditions.
Please note: All legal documents can be viewed by clicking on the ‘Legals’ tab above, in order for you to carry...
Property Summary
This sale is Subject to Confirmation by the parties involved
Erf 66917 and 66918 Wynberg
Total extent 263m2
Rates approximately R3685 per month
Current rental income of R456 000 per annum
Property description
Entire free standing commercial building
3 ground floor shops and first floor space
Residential property at the back of the property
All leases on a month to month agreement at present
Tenants include a Salon, Pie shop, a taylor and a church
Location
This property is located in the Main Road of Wynberg upper with fantastic exposure and lot of passing traffic
Additional Details
A 10% deposit and 5% auctioneers fee (plus VAT on fee) is due and payable by the highest bidder once bidding has closed. See Legal tab for Special Conditions.
Please note: All legal documents can be viewed by clicking on the ‘Legals’ tab above, in order for you to carry out due diligence in relation to the property. By doing so, this will also ensure that you are continuously updated regarding any pricing changes on the property prior to auction.