AUCT-002304 | On Auction

Commercial Building in Rustenburg

95 President Mbeki Drive, Rustenburg, Bojanala Platinum District Municipality, North West

Commercial Building in Rustenburg. 95 President Mbeki Drive, Rustenburg

Erf Size: ± 2 089 m² | GBA: ± 1 574 m² + Carport | Present rental income: ± R 61,600 p.m. | Municipal service recoveries: ± R10,500 p.m. | 6 Units in 3 Buildings (1 Unit vacant) | Zoned: Business 1 | Ideal for Automotive industry (with special consent)


Well positioned Investment Property in the Heart of Rustenburg’s Industrial Precinct

In2assets presents the opportunity to acquire a commercial warehouse facility strategically located in the industrial precinct of Rustenburg.
This multi-unit property consists of 3 warehouses with 6 individual lettable units

Prime Location:
Situated in the bustling precinct of Rustenburg, this property enjoys proximity to major transport routes and is strategically positioned with street frontage onto the President Mbheki Drive.

Lettable Area:
The property consists of 3 buildings positioned on one erf of 2089m2. The totable lettable area is 1574 m2 spread over 6 lettable units in total.
Ther is a yard area and a carport offering parking for visitors and tenants.

Occupancy:
The property generates an income of R 61 600/month plus service recoveries of R 10 500/month.
There is one unit in the property that is currently vacant which offers the opportunity for and end-user investor.

Conclusion:
This very decent investment property represents a chance to acquire a business facility in the sought-after business district of Rustenburg.

Commercial Type:
Commercial Building
Web Reference:
AUCT-002304
List price:
POA
Address:
95 President Mbeki Drive, Rustenburg, Bojanala Platinum District Municipality, North West
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
20 August 2024 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
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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