Properties on Auction on 13 June 2019 Summer Place, 69 Melville Road, Hyde Park
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PREVIOUS PROPERTY
Corporate Disposal - Shoprite Cosmo City
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
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
Start Date:
13 June 2019
Start Time:
12:00
Venue:
Summer Place, 69 Melville Road, Hyde Park
Sales Executives
Name:
Nick Pretorius
Mobile:
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