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R 9 000 000

Industrial Property On Auction in Zilweleni

Zilweleni, Pinetown

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1 909 m²

AUCTION

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Adriaan Buys

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Jazira Geldenhuys

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Two industrial properties sold as one lot.

Going on Auction: Wednesday 30 October 2024

Reserve Price: R9 000 000.00 (All offers will be reviewed)

Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

Two properties spanning over 11611m2 sold as one lot. The one property consists of three factories/workshops. Ample secure parking. The other property is a vacant erf with potential to develop. Potential rental income R104 995.00 per month. Approved plans in place for a 64 sqm floor. Vacant on transfer. No approve plans in place for the improvements made to the property.

Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor...

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Property Overview

Listing Number

115101831

Type of Property

Industrial Property

Listing Date

21 October 2024

Erf Size

11 611 m²

Floor Size

1909 m²

Rates and Taxes

R 11 917

Facilities

Bathrooms

External Features

Parking

Points of Interest

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