Retail Property

AUCT-000852 | On Auction

12 Albert Street, East London, Eastern Cape


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Retail Property, 12 & 12A Albert Street, East London CBD

Extent: ± 331 m² | GLA: ± 440 m² | Income: ± R24 013.63 (1 vacant unit of ± 135 m² at R75 per m²) | Partially leased

This commercial building is situated in the central business district of East London. Currently has 2 tenants and a vacant unit of ± 135 m². The property is situated between the busy nodes of Oxford and Buffalo Street. This area is known for its good trading density. Situated close to the Taxi Rank and Gillwell Shopping Mall as well as a short distance to the City Hall.

East London is a city on the Indian Ocean, in South Africa’s Eastern Cape. It’s known for its beaches, such as Nahoon and Cove Rock. The Buffalo Pass is a road crossing a forested valley and the Buffalo River. Fossilised human and animal footprints, plus artefacts from the Xhosa-speaking people, are exhibited at the East London Museum. Elephants, lions, zebras and other wildlife roam in several nearby game reserves.

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Commercial Type:
Retail Space
Web Reference:
AUCT-000852
List price:
POA
Address:
12 Albert Street, East London, Eastern Cape
Property Extent:
331 m2
Auction Venue:
Buffalo Club
1 Buffalo Park Drive
East London
Eastern Cape
Auction Date:
04 December 2018 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required.
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Auction Date: 04 December 2018 11:00 am

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