Event Details
PROPERTY ADDRESS: 54 Slater Street, North End, Gqeberha.
ASKING PRICE: R500 000 plus ARREARS.
SUBJECT PROPERTY: Stand 2106 North End
EXTENT: 1 750m²
LOCATION: From Settlers Way in North End drive south-easterly for 400m. Take exit 5 to the left onto R102/Russel Rd, Strand Street towards City, and drive for 280m. Take the ramp to the right towards R102/Russel Road/ Govan Mbeki Avenue and follow for 60m. Turn right onto Strand Street and follow for 1km. Turn left onto Green Street and follow for 50m where the property is situated on your right-hand side.
CO-ORDINATES: S33.950005 E25.610863
ZONING: INDUSTRIAL
IMPROVEMENTS:
The property is improved with a plastered brick. Industrial building under flat IBR roof.
Main improvements: ± 1 550m²
Reception.
Offices.
Storerooms.
Workshop.
Factory section.
CURRENT USAGES:
There are currently 2 tenants in the building and the middle part of the building was where Gelder Motors repaired motor vehicles and there are still vehicles that clients must collect.
Tenant 1 Excel R18 418.40 p/m
Tenant 2 Mirific R3000.00 p/m
ACCESS TO PROPERTY: Contact Kobus Muller on 072 606 1804 or Wanda Jute 060 506 0053.
RATES AND TAXES IN ARREARS:
As on 19 March 2024
Account Number:600 045 092 800 R2 178 237.40.
CONDITIONS: 10% Deposit. 21-day confirmation period.
INSTRUCTOR: Trustee, Insolvent Estate: Gelder Motors CC, Master’s Ref: S6/2024
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