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R50 000 refundable deposit (strictly bank guaranteed cheque or cash transfer only). Bidders must provide original proof of identity and residence on registration. No cash will be accepted at the auction. 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.

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Cnr Republic & Vale Ave, Ferndale

Laas Retail Centre – Republic Road - Ferndale

Property Summary

Buyer's pack

WEBREF: P3252

Category: Retail

Street Address: Cnr Republic & Vale Avenue

Suburb: Ferndale

ERF Size: 8, 923m2

GLA: ±1,500 m2

Gross Income: Current income ±R1.65 million

Features

  • Fully let Motor City
  • 5 well established tenants
  • Plus additional stand (with house) which is zoned for Business
  • Total land size 8,923 m²
  • Current income ±R1.65 million

Terms

R50 000 refundable deposit (strictly bank guaranteed cheque or cash transfer only). Bidders must provide original proof of identity and residence on registration. No cash will be accepted at the auction. 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

JOHN HISLOP

BUSINESS DEVELOPMENT EXECUTIVE

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