POA

535 m² Commercial space in Jeppestown

10 8 496 m² 535 m²
On Auction

Amazing Investment Opportunity with Great ROI

Going on Auction: Wednesday 27 November 2024

Reserve Price: R1 850 000.00 (All offers will be reviewed)

Expected Opening Bid: R1 650 000.00

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

Investors opportunity looking to invest in commercial properties. This building offers six self-contained bachelor flatlets. Four shops and one fully functional creche. Close to all amenities and easy access to town and neighbouring communities makes this the ideal location for tenants both residential as well as commercial. Potential rental income R41 174.15 incl VAT.

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 propertys market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.

Property details

  • Listing number T4843161
  • Property type Commercial
  • Erf size 496 m²
  • Floor size 535 m²
  • Rates and taxes R 3 288

Property features

  • Bathrooms 10
  • Open Parkings 8

Photo gallery