467 m² Retail Space in Oudtshoorn

Retail commercial property.

Going on Auction: Wednesday 22 May 2024

Reserve Price: R1 150 000.00. (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 building tenanted with three tenants that include a hairdresser, barber, cleaning material shop and a takeaway shop. Current rental income R9 830.00 per month. R120 000.00estimate income for Andys fisheries. The Takeaway shop is sold as a going concern.

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.