Commercial property with a potential estimated ROI of 16.54% per annum.
Going on Auction: Wednesday 22 May 2024
Reserve Price: P.O.A. (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)
COMMERCIAL SALE BY VOLUNTARY AUCTION IN A HIGH DEMAND BUSINESS HUB.
For the discerning investor. This retail opportunity has key location on the busy main road of The Hague, Delft. With an estimated ROI of over 16% the property has high visibility and on the public transport route which gives easy access to the public. Parking is also available for those who commute with their own transport. Three of the four outlets provide very popular consumables and commodities and have five-year leases each. Such leases have been requested to establish the end dates of the same. Potential rental income R74 000.00 per month.
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.
