The office spacr could potentially generate a monthly rental income of R55000
On Valentine’s Day, Rawson Auctions Western Cape will auction a sectional-title Plumstead property comprising 590m² of office space on the upper level of a double-storey building.
The shops on the ground floor are not included in the sale.
The office space, which comprises two suites, is vacant at present but could potentially generate a monthly rental income of R55000, according to Tanya Jovanovski, franchisee of Rawson Auctions Western Cape.
The property, which has a GB1 (general business) zoning, is in a busy location on the corner of Gabriel and Carnarvon roads, and highly visible to passersby, says Jovanovski.
“Nearby amenities include shops, a Pick n Pay store and public transport hubs, and the building is no more than a minute’s drive from Plumstead Main Road, making it even more attractive,” says Jovanovski.
The two sections of the office space – Suites A and B – are currently subdivided into 16 smaller areas with dry walling, she says.
“The property is in excellent condition and includes three bathrooms, air-conditioning and six parking bays.”
The floor plan can be requested from Rawson Auctions.
Jovanovski believes the office suites would be ideal for use as a training college or call centre, but suggests that the property on offer could also be purchased as an investment and let.
The auction will take place at noon on Wednesday.
The reserve price is R5million, but all offers will be considered.
The seller is registered for VAT, so no transfer duty will be payable.
The rates and taxes are about R4620 a month.
No registration fee is required to bid with Rawson Auctions. However, the buyer will be required to pay a deposit of 5% of the purchase price, and 10% commission plus VAT over and above the purchase price to Rawson Auctions on the seller’s acceptance of the bid.
Bidders are required to be registered and must have with them certified copies of their identity documents and proof of residence.
All offers should be submitted on Rawson Auctions’ Offer to Purchase form, with its standard terms and conditions, a copy of which can be obtained by contacting the Rawson Auctions Western Cape office on firstname.lastname@example.org or 0218371700.
Bids can be delivered to the Rawson Property Group’s head office at 222 Main Road, Rondebosch.
For more details or an appointment to view the property, call Bevan Booysen on 0824910494 or Tanya Jovanovski on 0218371700.