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.