79164 Large building zoned as Commercial with Storage Units

19th Aug 2022

19th Aug 2022

10:00 am To 11:00 am

5 Polly Street, Turffontein 96-Ir, Johannesburg, Gauteng, South Africa

https://bidx1.com/en/south-africa/property-for-auction?auctionids=4340&salestatus=34,36,37,38,39,41,42,43

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Event Description

Storage Facility in Polly Street, Johannesburg, South Africa
Large building zoned as Commercial with Storage Units

– GLA 2 918 sqm –

Invited Opening Bid R3 000 000

Address: 5 Polly Street, Johannesburg, Gauteng, South Africa

Property Summary

  • Current Rental Income p/m – R100,042
  • Potential Rental Income p/m – R254,304
  • Additional Income – R8,881 *admin,late,penalties,contract fees,tags, recoveries etc
  •  Zoning: Commercial
  •  Total Erf Size: 1073 sqm
  •  Rates: R12,185.85 p/m

Property description

182 Rentable Units

  • • 30 x 10 sqm units
  • 17 x 12 sqm units
  •  16 x 15 sqm units
  • 1 x 16 sqm unit
  •  1 x 18 sqm unit
  •  2 x 21 sqm units
  •  1 x 22 sqm unit
  •  1 x 25 sqm unit
  •  1 x 28 sqm unit
  •  1 x 35 sqm unit
  •  1 x 31 sqm unit
  •  13 x 3 sqm units
  •  30 x 5 sqm units
  •  41 x 7 sqm units
  •  24 x 9 sqm units
  •  1 x 165 sqm warehouse
  •  1 x 270 sqm warehouse

Organizers

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