Auction
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267 Victoria Street, Georgetown, Germiston, Gauteng, South Africa

  • Auction
  • South Africa
  • Commercial Building
  • Commercial

Invited Opening Bid R4 000 000

Bidder Security R25 000 *fully refundable if unsuccessful bidder
Auction Date 23 April
Bidding Opens 10:00 (GMT+2)
Bidding Closes To be Confirmed

Property Viewings

Please contact us to discuss viewings for this property.
Phone
+27 (0) 21 140 3541
Email
info@za.bidx1.com
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Property Summary

  • This sale is Subject to Confirmation by the parties involved
  • Erf 66 Georgetown, Germiston
  • Extent 1239
  • The Purchaser is required to acquaint themselves with the property and all matters related thereto, including but not limited to its condition, location, and any improvements thereon.
  • The Purchaser must further familiarise themselves with the terms and conditions applicable to this Lot by clicking on the Legal tab below.

Contact Us

Solly Gild
Solly Gild
Property Agent, here to help.

Contact Us

Solly Gild
Solly Gild
Property Agent, here to help.

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Property description

  • 267 Victoria Road, Georgetown, Germiston
  • Building comprises
  • 18 Flats, 10 x 1 Bedroomed, 4 x 2 Bedroomed, 2 x 3 Bedroomed, 2 Bachelor Flats
  • 3 Shops
  • 24 Rooms separate bricked rooms with ablution facilities
  • Combined Monthly income..R161 310-00
  • Rates: R7,800 pm approximately.
  • The Purchaser is required to acquaint themselves with the property and all matters related thereto, including but not limited to its condition, location, and any improvements thereon.
  • The Purchaser must further familiarise themselves with the terms and conditions applicable to this Lot .

 

Location

Georgetown is a well-established, historic suburb located within the city of Germiston in the Ekurhuleni Metropolitan Municipality of Gauteng, South Africa. Situated on the East Rand, it is part of the industrial hub surrounding the Central Business District (CBD) of Germiston

 It is centrally located with close access to major transport routes like the N3 and M2 freeways.

 

Additional Details

A 10% deposit and 5% auctioneers fee (plus VAT on fee) is due and payable by the highest bidder once bidding has closed. See Legal tab for Special Conditions.

Please note: All legal documents can be viewed by clicking on the ‘Legals’ tab above, in order for you to carry out due diligence in relation to the property. By doing so, this will also ensure that you are continuously updated regarding any pricing changes on the property prior to auction.

VAT

Please refer to Legal Documents

Helpful links

*Terms & Conditions

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

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