The commercial property market has expanded significantly in the past decade and the auction industry has played a major role in this progress. SA Auction Group has not allowed grass to grow under their feet and also excel in the commercial property market.
A property that will be auctioned by this fast-growing company is located in Bloemfontein's West Burger Street and is currently excellently equipped for both retail and student accommodation. The building is located near educational institutes and the apartments have been renovated by the seller. The rental income of this ± 1 250 property is supported by a tavern and a salon and the potential overall rental income can reach R60 000 per month.
“What makes this property auction exciting is that bids will be accepted through our online platform for a period of only 24 hours”, says Rudi Herbst, managing director of SA Auction Group. He adds that interested bidders need to register at
www.SAGroupgroup.co.za and make a registration deposit of R5 000 to be able to bid.
Bidding opens on Monday, 1 September at 12:00 and closes on 2 September from 12:00 (mid-day). This property’s listing and photographs can be viewed at
www.SAGroupgroup.co.za or Marna Bester can be contacted at 079 339 5915 for more information.
Posted on : 8/26/2014
