Business Rescue – Partially Let – King’s Village & Terraces
retail centre
11 894m2
commercial
1 000m2
storage units
6 551m2
apartments
13
Region: Eastern Cape
Suburb: Walmer Heights
Address: Titian Road, Walmer Heights, Gqeberha
Type of Sale:
On Auction – Business Rescue
Auction Date: 26 April 2022 @ 12PM – Radisson Blu, Gqeberha
Auctioneer: Elias Tzouvanni
Description:
Mixed use complex comprising retail centre, commercial space, storage units and residential apartments.
Total GLA | 23 208m2
Parking | Open and Basement Parking
Sectional Title Name: King’s Village & Terraces
Sectional Title Numbers: SS539/2008 & SS15/2011
Township: Walmer
Total Extent of Sections: 23 208m2
Retail Centre: 11 894m2
Commercial: 2 792m2
Residential Apartments: 1 650m2 (13 Units)
Storage Units: 6 551m2
Pool: 321m2
Parking: Exclusive use of open parking (P1) and 118 Basement Bays
Residential Parking: Exclusive use as set out in conduct rules (1 Bay per unit)
Estimated Rates: R179 869 / Month
Estimated Levies: R250 750 / Month
*As per income statement provided by seller
