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For Sale by Public Auction: 487 sqm Commercial Retail Space in Heliopolis - Merghany Street
2 Awad Street, New Heliopolis, Cairo, Egypt
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Starting Bid :
E£ 28,000,000
Bidding Units :
Total Price
Property overview
- Rooms - 1
- Area - 487
- Asset Type: - Resale
- Property Type: - Retail
- Occupancy: - Vacant
Buyers Commission
- Buyers Commission:- 3.00%
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For Sale by Public Auction: 487 sqm Commercial Retail Space in Heliopolis – Merghany Street
Located in Heliopolis, on Merghany Street, this prime commercial retail space presents an unmissable investment opportunity for business owners and developers. With a total area of 487 sqm, the property spans a corner ground floor and a first floor space, offering exceptional visibility and accessibility in one of Cairo’s most sought-after commercial districts. Its strategic positioning along a high-traffic road makes it ideal for retail, corporate offices, or mixed-use development.
Key Features
Location:
- Situated at the intersection of Al-Merghany Street and Jalaluddin Al-Dosouki Street, a prominent and well-established commercial hub.
- Enjoys high footfall and excellent accessibility from major roads and business districts.
Total Area: 487 sqm
- Ground Floor: 126.89 sqm
- First Floor: 210.26 sqm
- Shared Areas: Includes a proportional share in land and common property spaces.
Development Potential:
- Perfect for retail brands, banks, corporate offices, clinics, or high-end showrooms.
- Highly adaptable for customized interior layouts to suit various business needs.
Investment Highlights:
- Prime Location: Directly on Merghany Street, ensuring maximum exposure for any business.
- Strong Demand: The Heliopolis market is a hotspot for high-value commercial investments.
- Limited Availability: Retail spaces of this size and location are rarely available for sale.
Payment & Transaction Details
Payment Terms:
- 10% due within 48 hours of awarding the bid.
- Remaining 90% payable within one month of the initial payment
Delivery Status:
- Ready for immediate handover upon full payment.
Transaction Security:
- All transactions are managed via escrow accounts at Banque Misr, ensuring secure and transparent dealings.
This is a rare opportunity to acquire a high-value commercial space in Heliopolis’ thriving business district.
Place your bid now on belmazad.com and secure this prime retail property today!
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Underground parking
- No Document Found.
- No Document Found.
- No Brochure Found.
Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the nature, condition, or value of the property, the condition of title or Property descriptions
بند إخلاء المسؤولية : المعلومات المقدمة هنا مخصصة لأغراض إعلامية فقط.، لا يتم تقديم أي تعهد أو ضمان بخصوص دقة أو اكتمال أي معلومات واردة هنا، بما في ذلك، على سبيل المثال لا الحصر، أي معلومات تتعلق بطبيعة العقار، أو حالته، أو قيمته، أو حالة الملكية، أو وصف العقار.
Any documents and/or pictures posted herein or elsewhere on www.belmazad.com, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.
أي مستندات و/أو صور منشورة هنا أو في أي مكان آخر على www.belmazad.com (الموقع الإلكتروني) مخصصة لأغراض إعلامية فقط، قد لا تمثل الحالة الحالية للعقار أو حالته في وقت البيع. لا يعتبر نشر الصور هنا أو في أي مكان آخر على الموقع الإلكتروني ضمانا بأن أي عناصر ممثلة في الصور ستكون موجودة عندما يتمكن المشتري من استلام العقار.
You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
ونوصى بإجراء البحث الخاص بك والتحقيق في جميع الأمور المتعلقة بالعقار. كما نوصى بأن تطلب المشورة المستقلة، بما في ذلك المشورة القانونية، لأداء بحثك الخاص، وأن تستخدم جهود حسنة النية في التحقق من دقة محتوى جميع المعلومات المقدمة لك أو التي تحصل عليها.
مقترح إضافة العبارة التالية
The website disclaim any liability for errors, or inaccuracies regarding the properties being sold. Participation in the auction constitutes acceptance of these terms."
كما أن الموقع يخلى مسؤوليته عن الأخطاء أو عدم الدقة فيما يتعلق بالعقارات التي يتم بيعها. وتعد المشاركة في المزاد بمثابة موافقة صريحة على هذه الشروط.
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These particulars, whilst believed to be accurate are set out as a general
outline only for guidance and do not constitute any part of an offer or contract. Intending
purchasers should not rely on them as statements of representation of fact, but must satisfy
themeselves by inspection or otherwise as to their accuracy. No person in this firm employment has
the authority to make or give any representation or warranty in respect of the property.
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Contact Details
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Add Property Review
Property Review
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Karim Shawky 2024-04-23 11:55:45Located behind Sphinx Airport, New Sphinx city. House in mint condition land is very well maintained. Nice weekend house or farm