Busy Superette Property On Month To Month Tenancy

OPENING BIDS TO BE ADJUSTED ONE DAY PRIOR TO AUCTION.

ONLINE AUCTION

Bidding Start Time: Tuesday 29 April 2025 @ 09:00

Bidding End Time: Wednesday 30 April 2025 @ 14:30

Registration is essential by Friday 25 April 2025.

Pre-Auction Offers may be considered.  Auction Finance Available.

For more information, please contact the listing agent.

DESCRIPTION:

A rarely positioned property with superette as tenant in the heart of the highly sought-after Bo-Kaap is now available!

This prime retail space offers:

• Rental income of ±R252,000 per annum with a month-to-month tenancy.
• Located within a 3-section property, with the shop available for individual sale.
• Prime location ensuring stable trading and consistent foot traffic.
• Excellent yield.

Don't miss this exceptional investment opportunity in one of Cape Town's most vibrant and historic neighbourhoods.

DETAILS:

• Sectional Scheme Name:  SS Chiappini Place
• Sectional Scheme No:  420/2004
• Unit No:  2
• Unit Size:  58m²
• Rates:  TBC
• Levies:  TBC
• Zoning:  Business / Commercial:  Shop

Web Ref:  739713

Transfer Duty Applicable

PAYMENT TERMS:

2.5% Deposit & 10% Auctioneers Fee (excl. VAT on fee), payable on the fall of the hammer by means of EFT only.  Balance payable on Transfer.

Farrell Perling | 072 040 7274 | 021 425 8822 | [email protected]

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: [email protected]