On Auction

850 m² Commercial space in Ermelo

881 m² 850 m²
On Auction

MIXED-USE COMMERCIAL BUILDING

Going on Auction: Wednesday 27 November 2024

Reserve Price: R4 600 000.00 (All offers will be reviewed)

Expected Opening Bid: R4 000 000.00

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

MIXED-USE COMMERCIAL BUILDING WITH A RENTAL INCOME OF R39 860.00 PER MONTH.

Calling investors, this stunning double storey office building boasts with an abundance of natural, creating a vibrant and inviting workspace located in the heart of town. It offers generous workspace that can accommodate a variety of business needs. Current rental income R39 860.00 per month. Sold fully tenanted.

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 T4871176
  • Property type Commercial
  • Erf size 881 m²
  • Floor size 850 m²
  • Rates and taxes R 8 294

On Auction

  • Wednesday 27 November 12:00

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