Industrial Property On Auction in Parow Industrial
29 Reuben Kaye Street, Parow Industria, Parow, 7493, Parow Industrial, Parow- 390 m²
- AUCTION
• C-grade vacant industrial warehouse measuring ±390m²
• 3-phase, 60-amps power supply
• ±4m height to eaves
• Located in a sought-after industrial node
Auction Terms and Buyer Information:
• Buyer Costs: 16.5% payable on auction day (10% commission + VAT on commission + 5% deposit towards purchase price).
• Registration Fee: R50,000 (live/venue bidders) | R100,000 (telephonic/online bidders).
?All bids constitute a legally binding offer, and the highest bidder is required to sign the Auction Sale Agreement immediately upon the fall of the hammer; failure or refusal to sign constitutes a breach and results in forfeiture of the registration deposit. The sale is subject to a reserve price unless otherwise stated. The property is sold voetstoots, as-is with no warranties or guarantees, and all bidders must provide valid FICA documentation prior to registration.
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