193A OXFORD STREET, EAST LONDON
AUCTION ONE
The Property Auctioneering Co.
193A OXFORD STREET, EAST LONDON
DATE: 27 September 2018.
TIME: 18:00 PM.
VENUE: E.L. GOLF CLUB.
VIEWING: BY APPOINTMENT.
MIXED USE, MULTIPLE TENANTS, GREAT RETURN, POWERFUL POSITION
This 2 storey building shows outstanding potential to produce further rental income as only 50% of the building is currently utilized.
The building has full blown Oxford street frontage with massive foot and vehicle traffic passing by daily. The ground floor is divided into 4 retail units which is let and sublet to various tenants.
The second floor is requiring basic renovation and needing a solid clean up.
At present there are 8 rooms, plus an area for a communal kitchen and various shower/ ablution options.
The separate entrance makes it well positioned for the room rental market which is in demand.
3 phase power on site.
It’s a winner, that’s for sure!
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
