|Registration Fee Required||10000|
|Bidding Instructions||* Register Account * Pay Registration fee (Refundable) * Email proof of payment to verify account * Place Bid * Do Not wait until the last minute to register! *Winning Bidder to pay 15% Deposit into trust account.|
This commercial property currently used as a school is located in a predominantly commercial area, which is on the North-Eastern edge of Mthatha.
The highly visible property has big potential for development or alternative usage as it is also visible from Sprigg Street. Access to the subject property is obtained from a tarred Callaway Street, which links up with the N2 being one of the main arterial roads to and from the CBD of Mthatha towards Kwazulu Natal. Everyday amenities such as shops and transport facilities are available in close proximity to the subject property. The area is also within a 3 km radius from most public services such as hospitals, police stations and the fire department.
This property could be used as a school / office or even get redeveloped. Erf zoning allows you to build up to 7 storeys
As per terms and conditions, VAT / transfer is applicable on this sale
Contact Brendon – 083 276 6790 for assistance to make an offer.
How the process works:
R10 000 refundable registration fee.
Auctioneers commission of 8% (excl Vat) is added to the bid amount.
As per terms and conditions, VAT / transfer is applicable on this sale.
The seller is responsible for vacant occupation on transfer
The highest bidder will be required to pay a deposit of 15% of the purchase price immediately into the Thompson Trading Trust Account.
The balance of the total purchase price is required within 30 days of acceptance or when called for by the conveyancer.
Brendon Thompson Trading
6 Batting Road, Beacon Bay, East London
E-mail: email@example.comTel: 085 300 1000
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