ONLINE AUCTION ON PRIME LOCATED RETAIL DEVELOPMENT BUILDING
ONLINE AUCTION (VERY MOTIVATED SELLER) - URGENT SALE AT WELL BELOW MARKET VALUATION.
Bids/Offers now open and closes on 30th May 2024 unless sold prior. This is a vat registered entity so vat on the purchase price applies, no transfer duty. Bids opening at R1 600 000 plus auction commission over and above payable by purchaser.
PRIME LOCATED TENANTED BUILDING WITH HUGE TRAFFIC VISIBILITY AND FOOTPRINT. VERY GOOD INVESTMENT RETURN. (EX PETROL SERVICE STATION). FANTASTIC DEVELOPMENT OPPORTUNITY.
1. An extremely high traffic, retail/development opportunity.
2. 12,000 vehicles pass this location on a daily basis (verifiable traffic count data reports are available for review).
3. An oil company has expressed interest in doing a full scale investment into a fuel station, should a licensing application be successful.
68 Joe Marks Boulevard, Retreat
Tenanted month to month, this is a very good investment. This is a vat registered entity
5% deposit and auction commission of 10% plus vat thereon is payable immediately upon putting in an offer. This is a vat registered entity. Ask for auction terms and conditions.
