AUCT-002308 | On Auction

Retail Investment

Until Our Next Auction
19 September 2024 | 11:00:00 am

  • How we Work
    2024-09-19 11:00:00
    Retail Investment

    Convenient Retail Investment. Section 6 & 7 SS Vasco Centre, 111 Da Gama Road, Ferreira Town, Jeffreys Bay, Eastern Cape

    Combined Extent: ± 163 m² | Gross Annual Income: ± R180K (including recoveries) | Fully tenanted | Great location | Secure and accessible premises | Ample secure parking

    Ferreira Town, Eastern Cape


    A unique opportunity to own your own retail investment in the holiday town of Jeffreys Bay in the Eastern Cape.

    This retail store has been home to a general hardware store for the past several years and is well-established in the Jeffreys Bay area.

    The site is well located in a sectional title retail strip called the Vasco Centre which is situated on Da Gama Road, the main road of Jeffreys Bay.

    The Vasco Centre is home to various retail and office tenants on the ground floor with apartments on the 1st and 2nd floors. Jeffreys Bay has historically been a holiday destination, however over recent years, it has seen a large influx of people moving to the coastal town to make it their permanent home.

    Jeffreys Bay has experienced extensive growth of late which is clear with the amount of building and construction going on in and around the town.
    Commercial Type:
    Retail Space
    Web Reference:
    AUCT-002308
    List price:
    POA
    Address:
    Section 6 & 7 SS Vasco Centre, 111 Da Gama Road, Ferreira Town, Sarah Baartman District Municipality, Eastern Cape
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    19 September 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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