AUCT-001621 | SOLD

Diverse Investment Opportunity in Alice

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    2022-04-21 11:00:00
    Diverse Investment Opportunity in Alice

    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, Eastern Cape


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

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