Commercial property
Going on Auction: Wednesday 22 May 2024
Reserve Price: R15 000 000.00. (All offers will be reviewed)
Expected Opening Bid: R14 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)
SALE BY VOLUNTARY AUCTION COMMERCIAL PROPERTY IN BUSTLING KNYSNA CENTRAL.
This mixed-use opportunity is well located and has high visibility. Commercial property consisting of 5 flats and 17 shops. The sale will take place in the form of 100% shareholding and directorship change of a CC. No transfer fees, capital gains tax or VAT payable.
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.
