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

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Corporate Disposal - Shoprite Cosmo City

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Address:
Cnr South Africa Drive ,& United States of America Ave
Suburb:
Cosmo City
Province:
Gauteng
Country:
South Africa
Web Ref:
109604
Description:
Corporate Disposal
Fully Let Retail Centre anchored by Shoprite
New 10 year Shoprite lease on transfer, plus three 5 year renewal options
Shoprite occupy 85% of the lettable area
Stand: 8 080m² - GLA: 3 538m²
Projected GAI R ± 5.1 million
Additional tenants include Pepkor Cell, Shoprite Liquor, The Fish & Chips Co, ABSA & Standard Bank ATM's and KFC
1 of 2 Shoprite Centres to be sold on the same day
R500 000.00 REGISTRATION FEE
Letter of Comfort from Financial Institution
Transaction Attracts VAT

Auction Details

Date:
13 June 2019
Time:
12:00
Venue:
Summer Place, 69 Melville Road, Hyde Park

Sales Executives

Name:
Nick Pretorius
Mobile:


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