Property SOLD at auction on site – 2 Fourth Ave, on Main Road Gonubie
Commercial property with multiple units…….
DATE: 01 March 2017
TIME: 10:00am
VIEWING: By Appt or 1 Hour before auction.
See our pointers from cnr Fourth Ave & Main Rd, Gonubie
Fully let at present- zoned bus 1 with 9 units and 6 tenants, currently utilised for retail and light industrial
This is truly a rare opportunity to acquire commercial property in a prime high visibility position.
The building is L-shape in design with the retail upfront on main road Gonubie and with the light industrial/ garaging out of sight and located to the rear of the property with ample yard space for parking/ storage.
All units have pre-paid meters for electricity, the tenants are billed for water usage, refuse removal, fire levy, sewage and any yearly increase portion in rates, the building is currently managed by an established rental agency and the lease term varies from one tenant to the other.
I see the possibility to add further value, what about you?
Investors may deem this acquisition as lower risk due to the tenant spread. For a copy of the rental schedule, please contact me.
TERMS: 10% DEPOSIT
AUCTIONEERS COMMISSION & ADVERTISING COSTS PAYABLE ON DAY OF SALE.
Full terms & conditions of auction available for inspection.
Contact: Justin Rohtbart for particulars.
114 Moore Street, Quigney, East London.
043 7436355 / 0837892550 / admin@auctionone.co.za
Subject to change without notice
