Suggested Opening Bid: R2 000 000
Exclusive Auction Mandate!
This versatile property offers a combination of income-generating space and significant future potential. It comprises a large main warehouse together with several outbuildings, situated on a fully paved and securely fenced erf of 3,427 m² with three access gates, ensuring excellent accessibility and operational control.
Approximately 65% of the outbuildings are currently tenanted and generate a steady rental income of approximately R14,700 per month. The main warehouse is currently vacant and was previously used for farming operations, presenting a strong opportunity to increase overall rental yield by leasing the space.
The property is well-suited for industrial, storage, logistics, or light commercial use, offering flexibility for a variety of business applications.
Key features include established rental income, immediate income-growth potential, a large paved yard, and secure perimeter fencing with multiple access points.
A rare opportunity to acquire a property with existing income and clear upside potential.
All offers are encouraged. Submit an offer to stop the auction - loan or cash. Easy process to register to bid at auction. Auction via Online Bidding on our Website. Viewings can be arranged.
The Seller has chosen to make use of our nationally proven Non-Distressed Auction Platform For Serious Sellers.
Full Finance Options Available
Offers Accepted prior to Auction Day
All property reports available on request
The seller has a Non-Disclosed Reserve Price
Seller to arrange compliance certificates and rates clearance certificate for buyer
Auctioneers fee is payable over and above the purchase price. Subject to confirmation.