This liquidation on-site auction event reveals a stunning property. Step into the world of opportunity as we present to you a prime commercial property in Cape Town CBD.

On-site Auction Information:

Viewing: By Appointment Only.

Location: 8 Riebeek Street, CBD, Cape Town, Western Cape

Contact: Catherine – 079 170 3611

Property Summary:

The structure comprises 17 levels of office premises (around 50% occupancy) offering the following facilities:

• Gross leasable area of approximately ±21000m²
• Retail stores situated on the ground level (all street facing)
• Atrium and mezzanine areas
• Four elevators service the building, accessible from the basement to the rooftop.
• The structure provides 2 entrances, one from Riebeek Street and another from Thibault Square.
• Three underground parking levels are available (P1, P2, and P3).

Terms & Conditions:

• R100 000 Refundable registration fee by way of EFT payment.
• All interested parties who wish to participate in the auction are required to register 1 day prior to the auction day.
• Please email al relevant resolutions & FICA documents.
• 5% Deposit and 5% buyers commission (Plus VAT) is payable on the fall of the hammer.
• 28 Day confirmation period (Refer to clause 3 in the rules of auction).
• Outstanding Rates & Taxes – Seller.
• COC, Gas, Beetle & Plumbing Certificates – Purchaser.
• Occupation and possession – on registration of transfer of the property.

For more information visit our website https://bidderschoice.co.za/property-listings/commercial-property-liquidation-auction-cape-town/