Properties on Auction
on 13 March 2019
Summer Place, 69 Melville Road, Hyde Park

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Corporate Disposal - Shoprite Middelburg

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Address:

Cnr John Magagula & SADC Street,

Suburb:

Middelburg

Province:

Mpumalanga

Country:

South Africa

Web Ref:

109309

Description:

Corporate Disposal
Neighbourhood Retail Centre anchored by Shoprite and Shoprite Liquors
New 10 year Shoprite lease on transfer, plus three 5 year renewal options
New 5 year Shoprite Liquor and OK Furniture lease on transfer, plus four 5 year renewal options
GLA : ± 10 000m²
Projected GAI: ± R20,5m
Multiple tenants including a number of Nationals -PEP, Ackermans, Capitec Bank, Mr Price, Hungry Lion and others
1 of 4 Shoprite Centres to be sold on the same day
R500 000.00 REGISTRATION FEE
Letter of Comfort from Financial Institution
Transaction Attracts VAT