Lakeview Terrace: Penny Lane, Richards Bay
Landmark Office Block - Richards Bay, KZN
Property SummaryBuyer's pack
Street Address: Lakeview Terrace: Penny Lane
Suburb: Richards Bay
ERF Size: 4 005m2
GLA: 13 056m2
Gross Income: R7 600 000 p.a.
- ±5 400m² vacancy upside
- 6 storey building located in the commercial heart of Richards Bay
- Ground floor retail with established tenants including KFC, Atlas Finance & Metropolitan Life
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