ONLINE AUCTION
Bidding Start Time: Wednesday 03 December 2025 @ 09:00
Bidding End Time: Thursday 04 December 2025 @ 14:30
Registration is essential by Monday 01 December 2025.
Pre-Auction Offers may be considered. Auction Finance Available.
For more information, please contact the listing agent.
DESCRIPTION:
Ideally located in Wynberg Village this is an investment opportunity not to be missed.
The opportunity consists of 4 erven,
3 Gosport street, Wynberg:
• 3 Bedroom semi- detached house
• 176m²
• Zoning: GR4
• Current rental and expense: ±R10 000 / Rates ±R 650 . Prepaid electricity and metro prepaid water meter.
5 Gosport Street:
• 3 Bedroom semi-detached house
• Extent: 173m²
• Zoning : GR4
• Current rental and expense: ±R12 000 / Rates ±R700 . Prepaid electricity and metro prepaid water meter.
60 Sussex Road:
• 2 Commercial (retail) units. 1 retail unit vacant
• 1 Residential house
• Extent: 463m²
• Zoning: GB1
• Combined income ±R38 000 / Rates ±R3 500 All units have prepaid electricity and water is prepaid as well.
6 York Road:
• 2 x 2-Bedroom apartments
• Extent: 391m²
• Zoning:GB1
• Combined income ±R34 500 / Rates ±R3 000. Prepaid electricity and citi prepaid water meters.
• Total Gross Income: ±R 94 500
• Municipal Expenses: ±R 7 850
The property also geared for development .
Do not miss this great opportunity. Pre-Auction offers may be considered.
DETAILS:
• Erf no (Extent): 68667, Cape Town (173m²)
• Erf no (Extent): 68668, Cape Town (176m²)
• Erf no (Extent): 68669, Cape Town (463m²)
• Erf no (Extent): 68670, Cape Town (391m²)
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.
REGISTRATION REQUIREMENTS:
To bid at the auction you need to provide a copy of your identity document and current proof of residence (not older than 3 months) as well as a R20,000 refundable registration fee.
DISCLAIMER:
The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.
Property Address
Wynberg, Cape Town, Western Cape
