1 Magnesiet Street, Polokwane
INDUSTRIAL INVESTMENT - POLOKWANE
Street Address: 1 Magnesiet Street
ERF Size: 7.59ha
GLA: ±12 000m2
Gross Income: ±R8 500 000 p.a.
Auction Date: 17 May 2022
- Triple net lease
- Current lease until April 2025
- Corporate tenant in 12 000m² warehouse
- Additional development land of 4.4 Ha
Terms: R50 000 refundable deposit paid via EFT or credit card (excluding Diners Club & American Express). No cash will be accepted. Proof of payment is required. Bidders must provide original proof of identity and residence on registration. No exceptions. All bids are exclusive of VAT. Aucor Property may bid up to reserve on behalf of the sellers. Subject to change without notification.
Auctioneer: Pieter Geldenhuys