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AUCTION

172 Makabeni Road

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R1,857 Excl. VAT

Commercial property with potential - Live Modern Auction

Harcourts Certified & Transparent Non-Distressed Auction Platform!
Bidding to start from R1,000,000! Live Modern Auction!
Auction date: 28 November 2024 unless sold prior!
All offers are encouraged. Submit an offer at any time before the auction to stop the auction - loan or cash.
The Seller has chosen to use Harcourts Auctions' Non-Distressed Auction Platform for Serious Sellers.
A large property is up for auction. It is best described as versatile and with significant potential for various uses, appealing to both investors and local organizations.
Property Overview:
Type -Community Center
Location: Situated in a well-connected, central part of the community, close to local amenities such as schools, parks, public transport, and police station.
Zoning: The property is zoned for community use but may offer the potential for rezoning depending on future development needs.
Key Features:
• Reception area & waiting room
• 10 enclosed offices
• Boardroom
• Clinic area
• Large hall for community gatherings, training centre or recreational activities.
• Kitchen Facilities available, making it suitable for hosting events that require food preparation and service.
• Recreational room
• Restrooms
Parking: Ample parking is available on-site for staff, visitors, and event attendees. The whole property is fenced and has an automated gate.
Potential Uses:
• Event Venue: Perfect for weddings, social events, cultural festivals, and large-scale gatherings.
• Nonprofit Hub: Ideal for charitable organisations, local non-profits, or community groups to use as headquarters.
• Recreation and Sports: Could be converted into a gym, sports hall, or recreational centre for youth and adult activities.
• Education and Training: Suitable for hosting workshops, training programs, or continuing education classes for the community.
Viewing on appointment, please.
Don't miss this extraordinary opportunity – call today
- No Buyers Premium (no Auctioneers fee) - seller to pay the commission
- Full Finance Options Available
- Offers Accepted before Auction Day
- All property reports, available on request
- Seller to arrange compliance certificates and rates clearance certificates for buyer
- Regular open hours to view before the auction
- The seller has a Non-Disclosed Reserve Price
- Opening bid R1,000,000!

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
472m²
Land Size
1,106m²

On Show

14:00 to 15:00
Wednesday, 30 October 2024
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Directions

R300 to N2 towards Somerset West Take Mew Way, (M44) right Turn left into Mfundisweni Street, then right into Makabeni.

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Market value

AUCTION

Offers from

R1,000,000

Offers for this listing must be made in R50,000 increments. More Info

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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

14,059.54

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