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Description

ONLINE AUCTION (VERY MOTIVATED SELLER) – URGENT SALE AT WELL BELOW MARKET VALUATION.

Bids/Offers now open and closes on 30th May 2024 unless sold prior. This is a   vat  registered entity so vat on the purchase price applies, no  transfer  duty. Bids opening at  R1 600 000 plus auction commission over  and above  payable by purchaser.

PRIME LOCATED TENANTED BUILDING  WITH HUGE  TRAFFIC VISIBILITY AND FOOTPRINT. VERY GOOD INVESTMENT  RETURN. (EX  PETROL SERVICE STATION). FANTASTIC DEVELOPMENT OPPORTUNITY.

1. An extremely high traffic, retail/development opportunity.

2. 12,000 vehicles pass this location on a daily basis (verifiable traffic count data reports are available for review).

3.      An oil company has expressed interest in doing a full scale    investment   into a fuel station, should a licensing application be    successful.

68 Joe Marks Boulevard, Retreat

 Tenanted month to month, this is a very good investment. This is a vat registered entity

5% deposit and auction commission of 10% plus vat thereon is payable   immediately upon putting in an offer. This is a vat registered entity.   Ask for auction terms & conditions.

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Details

Updated on April 16, 2024 at 9:58 am

  • Reference #: 1357679
  • Price: R1,600,000
  • Suburb / Town: Cape Town
  • Property Type: Retail
  • Stand Size: 1179.0 ㎡

Additional Features

  • Mandate Price:total gross price

    Address

    68 Joe Marks Boulevard

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