Retail property in the CBD, King Williams Town

AUCT-000878 | On Auction

72 Cathcart Street, King Williams Town, Eastern Cape


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Great Investment opportunity, 72 Cathcart Street, King Williams Town

Extent: ± 1 649 m² | GLA: ± 1 511 m² | Gross Annual Income to ± R1.2 Million | Tenancies: Fully tenanted

National tenanted commercial property in the main street of King Williams Town. Walking distance from the taxi rank with high foot traffic. Same street as KFC, Russells, Nicks Super Spar, FNB and Street Fever. Great investment opportunity, or for a owner operator wanting a prime site with high visibility.

King William's Town is a town in the Eastern Cape province of South Africa along the banks of the Buffalo River. The town is about 60 kilometres west of the Indian Ocean port of East London. The town is part of the Buffalo City Metropolitan Municipality in the Eastern Cape. King, as the town is locally called, stands 389 m above the sea at the foot of the Amatola Mountains and in the midst of a densely populated agricultural district. King William's Town is the second most populous city in the Buffalo City Municipality, with a population near 100,000 inhabitants.

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Commercial Type:
Commercial Building
Web Reference:
AUCT-000878
List price:
POA
Address:
72 Cathcart Street, King Williams Town, Eastern Cape
Property Extent:
1649 m2
Auction Venue:
Buffs Club
1 Buffalo Park Drive
East London
Eastern Cape
Auction Date:
07 March 2019 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: 07 March 2019 11:00 am

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