AUCT-002296 | On Auction

Famous Retail Building with 7 Shops, Bethlehem Free State

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

  • How we Work
    2024-08-20 11:00:00
    Famous Retail Building with 7 Shops, Bethlehem Free State

    PORTFOLIO DISPOSAL: Retail Block with 7 Shops. 30 Louw Street, Bethlehem CBD (known as Beta Arcade), Free State

    Erf size: ± 810 m² | 7 Tenants | Monthly Rental Income: ± R33 032.20 | 1 Vacancy - previously ± R3 600.00 per month | Projected Monthly Rental: ± R36 632.20

    Bethlehem, Free State


    In2assets presents an unparalleled opportunity to acquire a high-grade commercial retail building with 7 shops 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 +- 810m2.

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

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

    Occupation:
    The property is currently 90% 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-002296
    List price:
    POA
    Address:
    30 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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