Auction
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161 Oxford Street, East London, Eastern Cape, South Africa

  • Auction
  • Lot 1
  • South Africa
  • Mixed Use
  • Commercial

Invited Opening Bid R800 000

Property Summary

  • This sale is Subject to Confirmation by the liquidator.
  •  Entire  building - Retail and apartments
  • Erf 14862 East London
  • Erf extent 607m2
  • Mixed use property

Contact Us

Anton Koegelenberg
Anton Koegelenberg
Property Agent, here to help.

Contact Us

Anton Koegelenberg
Anton Koegelenberg
Property Agent, here to help.

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Property description

  • 5 x Ground floor retail outlets
  • Tiled floors and security gates at all the entrances
  • There is a storage area at the rear of the building
  • 6 First floor apartments
  • 6, 2nd floor apartments
  • Roof structure - Corrugated roof sheeting
  • Walls, plastered and painted
  • The liquidators can not guarantee vacant occupation
  • A 10% deposit and 5% auctioneers fee (Excluding VAT on fee) is due and payable by the highest bidder once bidding has closed.
  • 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.

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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