Retail Investment With Long Leases

AUCT-000879 | On Auction

15 Market Square, Graaff Reinet, Eastern Cape


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Retail Centre Investment, 15 Market Square, Graaff Reinet

GLA: ± 1 856 m² | Gross Annual Income: ± R779 280 | Tenancies: 2 Leases with national furniture chains

• Located in Business area of Graaff Reinet
• Close to taxi ranks and major supermarket chains
• Properties will sell offering a good yield on investment
• GLA is ± 1 856 m²
• Gross rental is ± R 779 280 PA
• 2 National tenants

Graaff-Reinet is a town in the Eastern Cape Province of South Africa. It is the fourth-oldest town in South Africa. Graaff-Reinet is home to more national monuments than any other town or city in South Africa.[6] It is also known for being a flourishing market for agricultural produce, noted for its mohair industry, and sheep and ostrich farming. In the South African National Census of 2011, the population of Graaff-Reinet and the township of uMasizakhe was recorded as 35,672, which included 8,393 households.

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Commercial Type:
Commercial Building
Web Reference:
AUCT-000879
List price:
POA
Address:
15 Market Square, Graaff Reinet, Eastern Cape
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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