Diverse Investment Opportunity in Alice

AUCT-001621 | SOLD

Diverse Investment Opportunity in Alice

Corner of Long Market Street & Main Street, Alice, Eastern Cape

Diverse Investment Opportunity in Alice. Corner of Long Market & Main Street, Alice, Eastern Cape

The auction will be livestreamed from the venue. Digital bidding will be facilitated via the In2assets App https://auctions.in2assets.co.za | Combined Extent: ± 967 m² | Fully tenanted | Gross Annual Income: ± R513 472.80


Alice is situated in the Eastern Cape, approximately 120kms West of East London. The bustling town of Alice, comprises of Fort Hare University which was converted from a fort that houses British Troops to a University in 1916. The university has been a home to many politicians and host’s the alma mater of Nelson Mandela.

This mixed-use property is situated in the heart of Alice. The property is currently let out to a Nation tenant occupying the first floor of the building, as well as various small-scale tenants – making this is an ideal property for an investor who seeks limited risk due to the nature of tenants.

Commercial Type:
Mixed use Commercial
Web Reference:
AUCT-001621
Final price:
POA
Address:
Corner of Long Market Street & Main Street, Alice, Eastern Cape
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe Country Club Estate
Mount Edgecombe
KwaZulu Natal
Auction Date:
21 April 2022 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in


Auction Date: 21 April 2022 11:00:00am


In2assets Properties
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In2assets Properties
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