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

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Corporate Disposal - Shoprite Middelburg

 
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

Auction Details

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

Sales Executives

Name:
PJ Muller
Mobile:


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