Well Positioned Fully Tenanted Commercial Building

OPENING BIDS TO BE ADJUSTED ONE DAY PRIOR TO AUCTION.

ONLINE AUCTION

Bidding Start Time: Wednesday 28 January 2026 @ 09:00

Bidding End Time: Thursday 29 January 2026 @ 14:30

Registration is essential by Monday 26 January 2026.

Pre-Auction Offers may be considered.  Auction Finance Available.

For more information, please contact the listing agent.

DESCRIPTION:

Perfectly Positioned Corner Commercial Building.

With high visibility and exposure to high traffic trade.

Ground Floor:

• Consists of fully let retail/office units to established tenants:

• Pharmacy
• Spaza shop
• Motor spares outlet
• Electronics shop
• Fashion retailer

First floor:

• 9 X Rental rooms (7 single rooms and 2 double rooms) with a yearly rental income of ±R648,000 per annum.
• This property is a great investment for the keen investor or developer.

Pre-Auction offers excl. Claremart fee will be considered.

DETAILS:

• Erf no:  14875, East London
• Erf size:  395m²
• Rates:  ±R6,615.16 per month
• Zoning:  TBC

Web Ref:  762065

Transfer Duty Applicable

PAYMENT TERMS:

2.5% Deposit & 10% Auctioneers Fee (excl. VAT on fee), payable on the fall of the hammer by means of EFT only.  Balance payable on Transfer.

Sanjeev Boyjoonauth | 066 054 2211 | 021 425 8822 | sanjeev@claremart.com

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: info@claremart.co.za