We Will Offer For Sale By Public Auction The Property Situated At:
114 MOORE STREET, EAST LONDON.
- Date: 26th June 2025.
- Time: 10:00am.
- Venue: On-Site.
- Viewing: By Appointment or one hour before auction.
ID & proof of residence required for registration.
WATCH THE YOUTUBE VIDEO HERE
AUCTIONEERS NOTE – A SOUGHT-AFTER BUSINESS POSITION JUST A FEW HUNDRED METERS FROM OUR PRIME EAST LONDON ESPLANADE/BEACHFRONT. MAJOR INSTITUTIONS NEIGHBOURING – INCLUDING ECDC, BEYOND ZERO AND VARIOUS GOV OFFICES.
Offered to the market for the first time in over 26 years, this exceptional commercial property clad in quartz stone presents a rare opportunity for investors or owner-occupiers. Comprising of two modern, upmarket office suites, each with multiple private offices, trendy kitchens, ablutions and quality finishes. The property offers immediate rental return due to the buildings well thought out layout, which allows for four separate rental units, creating a highly tangible investment. At the rear, a ±100m² warehouse currently partitioned into an archive room, reception, and large business studio earning R6 400.00 per month from a long-standing tenant. In addition, there’s a self-contained one-bedroom residential flat currently generating R3 500.00 per month. Each of the two office suites are currently advertised for rental at R10 000.00 each per month.
With each unit fitted with an electric prepaid meter and strong security measures in place, this is a highly functional, income-generating property. Whether you’re looking to invest or occupy, this is a prime East London asset. Auction One welcomes all inquiries and bids. Don’t miss out!
Contact Justin Rohtbart For More Information – 083 789 2550.
Seller Disclosure
TERMS:
10% DEPOSIT, AUCTIONEERS COMMISSION & ADVERTISING COSTS PAYABLE ON THE FALL OF THE HAMMER. Full terms & conditions of auction available for inspection at our office. Subject to change without notice. Right of admission reserved.
