ONLINE AUCTION
Bidding Start Time: Wednesday 25 February 2026 @ 09:00
Bidding End Time: Thursday 26 February 2026 @ 14:30
Registration is essential by Monday 23 February 2026.
Pre-Auction Offers may be considered. Auction Finance Available.
For more information, please contact the listing agent.
DESCRIPTION:
Perfectly Positioned Corner Commercial Building.
With high visibility and exposure to high traffic trade
• The ground floor- Consists of fully let retail/office units to established tenants:
• Pharmacy
• Spaza shop
• Motor spares outlet
• Electronics shop
• Fashion retailer
First floor : 9 X Rental rooms (7 single rooms and 2 double rooms) with a yearly rental income of ±R648,000 per annum. This property is a great investment for the keen investor or developer.
DETAILS:
• Erf no: 14875, East London
• Erf size: 395m²
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 R20,000 refundable registration fee.
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
North End, East London, Eastern Cape
