9 Palm Avenue, Kempton Park Ext 4, Gauteng, South Africa
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Auction
- Lot 19
- South Africa
- Commercial Building
- Commercial
Highest Bid R1 800 000 (STC)
Property Summary
- This sale is Subject to Confirmation by the parties involved.
- Erf Extent 3908 sq.metres
- Buiding floor area 2200 sq metres.
- Rates R6591 monthly
- Erf number 2438
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Property description
The property is a doubled storied and the bottom section could be converted into a number of shops with a few components of residential flats or office space above. A large vacant site, part of the erf, adjacent also has development opportunity potential for additional income ,part of the site.
Location
The property is located in an area with a combination of residential and commercial properties as neighbours.
Easy access to N17, N12, R21, R24.
Close to Oliver Tambo Airport.
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 then ensure that you are continuously updated regarding any pricing changes on the property before the auction
VAT
Please refer to Legal Documents
VAT
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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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You're the highest bidder
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If you have purchased a property in the UK or Ireland, you'll need to pay the remainder of your deposit via My Account.
You're the highest bidder!
As this sale is subject to confirmation, we will be in touch within the confirmation period to let you know if your bid has been accepted by the vendor.
If you have any questions in the meantime, we're here to help: