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Income Generating Retail Centre with Residential Component (Portfolio Disposal - Power of Attorney)
updated on Jul 10, 2026
POA

WEB REF: 766211

Property Summary
  • Selling Price POA
  • Property Type Commercial - Retail
  • Erf Size 1912 m2


Description

ONLINE AUCTION Bidding Start Time: Wednesday 29 July 2026 @ 09:00 Bidding End Time: Thursday 30 July 2026 @ 14:30 Registration is essential by Monday, 27 July 2026. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. DESCRIPTION: PORTFOLIO DISPOSAL - LEGAL INSTRUCTION BY POWER OF ATTORNEY Municipal Value ±R4,954,000 (GV2025). Spread over 1,912 m², this fully tenanted corner building has high footfall frontage access. Income-generating with long-standing mixed-use tenants. Located on a prime intersection directly across from the bay, this landmark site will be ideal for investors and developers looking for value-add opportunities in the heart of Saldanha. Tenant Mix: Religious place of worship, superette & food outlet, furniture store, clothing store, poultry wholesaler, cellular services, and private residences. Free-standing residential house with additional rental units in the 3rd dwelling structure. Enclosed, secured parking dedicated to residential tenants. Plenty of off-street parking for retail tenants. All buildings on site have pitched roofs, and additional solar panel installations are present. Potential value-adds include advertising and signage, security upgrades, and additional bulk development. View by Appointment. Contact Rob & Sachin today. DETAILS: • Erf no: 1812, Saldanha • Erf size: 1912m² 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

      Saldanha Central, Saldanha, Western Cape

      Contact Agent(s)

      eMail Agent(s)