Exclusive Auction of this Commercial Property in Ferrobank, Emalahleni.
Spacious Commercial with business rights situated in Schonland, Ferrobank on auction – Bidding to Start at R 1 100,000.00.
Excellent investment opportunity in Witbank, Mpumalanga.
Large 1800 square meter property with approximately 900 square meteor can easily GLA.
It is found next to a very busy main road in Ferrobank and right across a township with over 20 000 residents.
One shop is tenanted and the projected gross yield is around 15%.
The other shop can easily be rented out to a liquor store.
Or the current shop expanded to one major shop-space for an anchor tenant.
This is a MUST BUY auction property! Open for business retail space for sale on auction awaiting you a perfect investment opportunity.
Make sure to contact us today, to schedule your private viewing of this unit going on online auction.
DATE: Wednesday, 26 April 2023 at 12:00 am (Viewings upon appointment)
LOCATION: 11 Schonland Avenue, Ferrobank, Emalahleni
OPENING BID: R 1 100,000
** IMPORTANT INFORMATION: The Buyer/Highest Bidder is responsible for Auctioneers Commissions/Fees **
** AUCTIONEERS COMMISSION/FEE: This is calculated at 10% on top of the final purchase price **
** This Property will be Auctioned with a Reserve Price in Place **
** Pre-Auction offers are welcomed and will be considered **