1 m² Commercial space in Regents Park

Property Summary

This sale is Subject to Confirmation by the parties involved.

Seller registered for VAT

Erf 94 Regents Park Estate

Erf 495 m2

Rates approximately R2257 pm

The Purchaser is required to acquaint themselves with the property and all matters related thereto, including but not limited to its condition, location, and any improvements thereon.

PRIME MIXED-USE BUILDING GOING TO MARKET AGAIN 20 YEARS LATER

CURRENT GROSS ANNUAL RENTAL INCOME R308 267

RESIDENTIAL COMPONENT:

Flat: Caretaker

1 x Bedroom

1 x Bathroom

1 x Kitchen

1 x Lounge

COMMERCIAL COMPONENT:

Shop 1 - Supermarket

1 x Office

1 x Shop

1 x Bathroom

Shop 2 Liquor Store

1 x Shop

1 x Office

Shop 3 Upholstery Pet Food

1 x Shop

Shop 4 - Church

1 x Room

1 x Bathrooms

1 x Kitchen

Regents Park is an established residential suburb located in the south of Johannesburg, Gauteng.

A 10 deposit and 5 auctioneers fee plus VAT on fee is due and payable by the highest bidder once bidding has closed.

Bidder Security R25 000 fully refundable if unsuccessful bidder