4, Old Dutch Square, 13, Bill Bezuidenhout Street, Belgravia, Bellville, Western Cape, South Africa
- Lot 12
- South Africa
- Office
- Commercial
Sold Prior
This property did not go for auction
Property Summary
- This sale is Subject to Confirmation by the parties involved
- Unit 4, Old Dutch Square, 13 Bill Bezuidenhout Street, Belgravia, Bellville
- Extent: 87sqm
- Levies: R2 500 per month
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Property description
These well positioned offices are found in the much-sought business district of Belville, with easy access from Bill Bezuidenhout Drive.
Newly refurbished with the highest quality finishes, this spacious commercial property is currently being used as a SPA & beauty Salon. It boasts boasts 3 spacious rooms/offices, a large reception area, a guest toilet/basin and a kitchenette. Included are three parking bays in the office block.
The property is currently occupied with a very good tenant and two-year lease, with the first option to renew.
The rental income is also excellent in comparison to the asking price!
Rental income -R9180.00
Parking Bays - R972.00
Total Annual Income: R121 824
Escalation (Annual) 8%
Lease expires 31 October 2023
A new Body Corp was elected recently and the complete block will receive upgrades over the next year.
- 10% Deposit as well as a Buyers Commission of 2% plus VAT will be appicable
- 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 then ensure that you are continuously updated regarding any pricing changes on the property before the auction.
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*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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