This massive property boasts 11 328 Square Metres of Lettable Area, and 525 Parking Bays (333 Covered Parking, 142 Open Parking spaces, 44 Covered Motorbike Parking Spaces and 6 Open Motorbike Parking Spaces).
The property is situated on the busy corner of Antwerp Road and Centenary Street in Modderfontein, perfectly placed for any development both commercial and non-commercial. The property is 70% complete and can be re-purposed for residential or other commercial ventures.
Online Auction Date – 15 November from 10h00 to 14h00.
Buyer’s Commission Applicable – 10% Plus VAT payable on closing on the bid.
Starting Bid – R 50 000 000-00 (Exclusive of VAT) (This is only an Auction Starting Bid and by no means a Reserve Price).
Viewing – By Appointment
Bidding Increment – R 1 000 000-00
Refundable Registration Deposit – R 100 000-00 per bidder.
Contact our agent, Martin, to arrange a viewing:
