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26 Goodman Terrace, Orange Grove
FULLY LET INCOME GENERATING PROPERTIES - ORANGE GROVE
Property Summary
Informationpack
WEBREF: P4706
Category: Commercial
Street Address: 26 Goodman Terrace
Suburb: Orange Grove
ERF Size: 495m2
Gross Income: ±R627 k p.a.
Auction Date: 12 September 2023
Features
- Combined gross monthly income of around R56 000 p.m.
- All rooms currently rented out have separate prepaid meters
- Property 1: 87 2nd Street, Orange Grove - 495m²
- 11 rooms – shared ablutions
- Property 2: 26 Goodman Terrace, Fairwood - 495m²
- 11 rooms – shared ablutions
- Caretaker stays on Property 1 and manages both (250m from each other)
Terms
Terms: R50 000 refundable deposit paid via EFT or credit card (excluding Diners Club & American Express). No cash will be accepted. Proof of payment is required. Bidders must provide original proof of identity and residence on registration. No exceptions. All bids are exclusive of VAT. Aucor Property may bid up to reserve on behalf of the sellers. Subject to change without notification.
Auctioneer: Shaie Zindel
KEAGAN PARSONS
BUSINESS DEVELOPMENT ASSOCIATE