AUCT-002304 | On Auction

Commercial Building in Rustenburg

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

  • How we Work
    2024-08-20 11:00:00
    Commercial Building in Rustenburg

    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)

    Rustenburg, North West


    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

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    Property Agent
    Hein Hattingh
                                        In2assets Representative

    Hein Hattingh

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