ON-SITE COMMERCIAL PROPERTY AUCTION – COMMERCIAL PROPERTY - ZONED BUSINESS 1 – PRETORIA NORTH

DATE OF AUCTION: Thursday, 12 June 2025

TIME OF AUCTION: 11h00

VIEWING: 10h00 to 11h00 on Day of Auction

ADDRESS: 264 Emily Hobhouse Avenue, Pretoria North

An auction in association with XpressSale Auctioneers.

This neat commercial is currently used as an office block and is located in close proximity to the North Park Mall.

The property is improved with a building of 706 m2.

The zoning allows for easy rezoning to residential or educational purposes. A full list of the usage allowed appears below.

The building is a split- level plan comprising reception, offices, boardrooms, storage/ filing rooms, kitchenette as well as ablutions.

The building also offers adequate undercover parking as well as a caretaker's flat.

Due to the keen locality the building offers opportunity for student accommodation or college or even a complete residential conversion.

More specifically the improvements consist of:

Ground Floor:

Large reception area

Large boardroom

Male ablutions

Female ablutions

Kitchenette

Walk-in safe

Large server room

11 x Closed offices

5 x Open area/offices.

First Floor:

Large boardroom/office

2 x open areas/offices

4 x Closed offices

2 x Open-area offices

Large filing/storage room

Small storage room.

Further features:

22 x Air-conditioners

Carpets throughout as well as tiles in the kitchenette and ablutions

Ample under-cover parking and good security

Caretakers flat with kitchenette and bathroom.

Purposes for which buildings may be used:

Business Building

Dwelling-units

Government Purpose

Guesthouse

Institution

Light Industry

Parking Garage

Parking Site

Place of Instruction

Place of Public Worship

Place of Refreshment

Residential Building excluding Boarding House

Hostel and Blocks of Tenements

Retail Industry

Shop

Social Hall

Vehicle Sales Mart

Vehicle Sales Showroom

Veterinary Clinic

Contact us for the bidder’s pack.

SUMMARY OF AUCTION CONDITIONS:

• Refundable Registration Deposit of R 20 000 (No cash accepted, only EFT).
• Identity document and proof of address required to register as bidder.
• 10% (TEN PERCENT) (plus VAT) Buyer’s Commission calculated on the highest bid.
• 13% (THIRTEEN PERCENT) deposit calculated on the highest bid and payable at the “fall of the hammer”.