21, Oak Avenue, Kempton Park, Gauteng, South Africa
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Auction
- Lot 19
- South Africa
- Commercial Building
- Commercial
Invited Opening Bid R3 000 000
Property Summary
- This sale is Subject to Confirmation by the parties involved
- Erf Extent 1338
- Each unit has plus/minus 85 square metres.
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Property description
- A centrally located block of flats for sale in Kempton Park CBD.
This block of 14 flats all have a unit space of plus/minus 85 square metres each.
- 14 bedrooms, 14 bathrooms, 14 lounges and 14 kitchens.
- 12 flats have a balcony with covered parking for 12 cars.
- R61,000 net rental per month
- Recoveries R9 065 =.Total rental income R70,665 thousand
- The building is located in one of the quietest streets in Kempton Park.Inviting serious investors to give me a call for more information and an exclusive viewing.
A 10% deposit and 5% auctioneers fee (plus VAT) is required 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 ensure that you are continuously updated regarding any pricing changes on the property before the auction.
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*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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You're the highest bidder!
As this sale is subject to confirmation, we will be in touch within the confirmation period to let you know if your bid has been accepted by the vendor.
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