AUCT-002296 | On Auction

Famous Retail Building with 7 Shops, Bethlehem Free State

30 Louw Street, Bethlehem, Thabo Mofutsanyana District Municipality, 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


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

Bidding opens in


Auction Date: 20 August 2024 11:00:00am


Hein Hattingh
                                                         In2assets Representative

Property Agent


Hein Hattingh
Show number
auctions@in2assets.com


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