AUCT-002295 | On Auction

Prominent Retail Building Bethlehem Free State

Until Our Next Auction
20 August 2024 | 11:00:00 am

  • How we Work
    2024-08-20 11:00:00
    Prominent Retail Building Bethlehem Free State

    PORTFOLIO DISPOSAL: CBD Retail Building. 32B Louw Street, Bethlehem CBD (known as Alpha Arcade), Free State

    Erf Size: ± 900 m² | GBA: ± 776 m² | Monthly Income: ± R 17 307 ex vat - occupied by 3 tenants

    Bethlehem, Free State


    Well-known Retail Building with seven shops in the CBD of Bethlehem

    In2assets presents an unparalleled opportunity to acquire a high-grade commercial retail building in pristine condition, strategically located in the heart of Bethlehem a vibrant and well known Freestate town.

    Prime Location:
    Situated in the bustling shopping precinct of Bethlehem, this property enjoys proximity to major transport routes and is strategically positioned with street frontage onto the busy Louw Street.

    Retail Excellence:
    The one-story Building offers seven retail outlets over a footprint of +- 900m2.

    Abundant Parking:
    There is abundance parking for shop dwellers along and opposite the building.

    Building Structure:
    The building consists of a one storey brick and motar structure. The building style with touches of art décor
    fits well into the diversity of historical and modern building structures within the CBD of Bethlehem.

    Occupation:
    The property is currently 70% occupied, and lease details can be found in the property brochure, available directly from this page or via email auctions@In2assets.com

    Conclusion:
    This exceptional retail building forms part of a property portfolio disposal and is sold together with 4 other Bethlehem retail properties on the 20th of August 2024
    Commercial Type:
    Commercial Building
    Web Reference:
    AUCT-002295
    List price:
    POA
    Address:
    32B Louw Street, Bethlehem, Thabo Mofutsanyana District Municipality, Free State
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    20 August 2024 11:00 am



    Auctioneer:
    Andrew Miller
    Auction Terms and Conditions:
    R 50,000.00 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

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    Property Agent
    Hein Hattingh
                                        In2assets Representative

    Hein Hattingh

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    auctions@in2assets.com

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