Commercial Property On Auction in Berea West

Going on Auction: Wednesday 28 May 2025

Reserve Price: R950 000.00 (All offers to be reviewed)

Expected Opening Bid: R900 000.00

Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

Spacious 62m2 corporate office space available in the business district of Windermere, presenting the perfect opportunity to invest in your business. Consisting of three individual private offices, reception area, small kitchenette as well as his and hers bathrooms. This office suit is ideal for any corporate business. Two of the offices are currently leased without lease agreements with a rental income of R7 400.00p/m. The total achievable rental income when fully tenanted is R12 500.00 p/m. The seller is not registered for VAT. Vacant on transfer.

Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.