Auction
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2, Eendrag Street, Bellville South, Western Cape, South Africa

  • Auction
  • Lot 37
  • South Africa
  • Commercial Building
  • Commercial

Invited Opening Bid R8 000 000

Property Summary

  • This sale is Subject to Confirmation by the parties involved.
  • Erf extent 1932 Sqm. 3 erven combined.
  • Zoning GB3 shop retail . Supermarket possibilities
  • Prime positioned , 3 phase electrical supply.

Contact Us

Solly Gild
Solly Gild
Property Agent, here to help.

Contact Us

Solly Gild
Solly Gild
Property Agent, here to help.

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Property description

  • The 2 buildings comprise 3 stories , 2 floors unocupied with development potential
  • Supremed position with potential and upside with a rezoning.
  • Liquor outlet and Burner Franchise occupying small area of ground floor.. 
  • House on on erf, presently occupied by the staff.
  • Close to University of  the Western Cape and Bellville Taxi rank.
  • Student accomodation potential at its maximum.
  • A 10% deposit and 5% auctioneers fee (plus VAT on fee) is due and payable by the highest bidder once bidding has closed.  See Legal tab for Special Conditions.
  • Please note: All legal documents can be viewed by clicking on the ‘Legals’ tab above, in order for you to carry out due diligence in relation to the property. By doing so, this will also then ensure that you are continuously updated regarding any pricing changes on the property before the auction.

VAT

Please refer to Legal Documents

Helpful links

*Terms & Conditions

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

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