INCOME GENERATING INDUSTRIAL/ BUSINESS PROPERTY

Auction - Fixed

WEB19/0187
Web Reference


AUCTION AT: ERVEN 29 TO 42 BETTER KNOWN AS 10; 14; 16; 18; 20; 22; 24; 26; 28; 30; 32; 34; 36 & 38 AMSTERDAM AVENUE, PARK CENTRAL, JOHANNESBURG GPS: 26°13'10.34"S & 28°02'33.28"E

Joint Extent of 14 stands: ± 13 638 m² (between 873 and 1627 m² each)

Current use: Business and Industrial use

2 Current leases: Expires 31 September 2022

Current rental income: ± R16,000 p.m. (Vat inclusive) at 32 and 34 Amsterdam Avenue

Annual Rental income potential: ± R 356 766 for Cluster 1 and ± R 273 424 for Cluster 2, total of ± R 630 190

Power usage: 2 points, each 3-phase power of 80 amps each.

Improvements:

Cluster 1: (stands 29-34: 6 stands)

  • GLA: ± 737 m².
  • Offices
  • 2 carports
  • Workshop
  • Gate house

Cluster 2: (stands 35-42: 8 stands)

  • GLA: ± 592 m²
  • Workshop
  • 2 carports
  • Gate house
Venue Address:

10 Amsterdam Avenue, Park Central, Johannesburg, South Africa

Property Address:

10 Amsterdam Avenue, Park Central, Johannesburg, South Africa

10% deposit, buyers commission, plus VAT. Bidders must register and provide proof of identity and residence. Right is reserved to add, combine or remove lots. Regulations of the Consumer Protection Act: www.vansauctions.co.za Auction rules can be viewed at 36 Gemsbok Street, Koedoespoort, Pretoria. Tel 086 111 8267 | Auctioneer: Martin Pretorius

LIQUIDATION AUCTION! INCOME GENERATING INDUSTRIAL/ BUSINESS PROPERTY WITH WORKSHOPS AND MORE, AS A GOING CONCERN - PARK CENTRAL, JOHANNESBURG

Contact Consultant
Mariska Strassburg
010 040 7346 Send Email

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