LIVE & ONLINE AUCTION
Auction Time & Date: Wednesday 8 July 2026 @ 12:00
Registration: Online & On-site.
Venue: The DHL Stadium, Business Lounge G, Fritz Sonnenberg Road, Green Point, Cape Town
For more information, please contact the listing agent.
DESCRIPTION:
• Perfectly positioned large commercial building, including national tenant.
• GLA of 1,956m²
• Net Income = ±R1,350,000pm
• Current net yield = 10% -
• Tenant Mix = Midmar Liquors, Boqol & Workshop
• 100% Occupied building, secured leases in place with longstanding established tenants.
• Upcoming lease renewal periods (from 2027 - 2032), lease escalations = avg. 5%-7% p.a
Perfect for redevelopment or keep as an investment. Make an offer today.
DETAILS:
• Erf no: 10870, Bellville
• Erf size: 1561m²
PAYMENT TERMS:
2.5% Deposit & 10% Auctioneers' fee (excl. VAT on fee); Payable on the fall of the hammer by means of EFT only. Balance payable on transfer.
REGISTRATION REQUIREMENTS:
To bid at the auction, you need to provide a copy of your identity document and current proof of residence (not older than 3 months), as well as a R25,000 refundable registration fee.
Registration will be available online as well as on site on the day of the auction. Registration at the venue will be open from 10:30.
DISCLAIMER:
The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.
Property Address
Bellville Central Bellville
