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:
An excellent opportunity to acquire a fully tenanted income-producing block in the heart of Goodwood, ideally suited for savvy investors looking to expand their portfolio.
Property Details:
• 6 Units –Each with 2 bedrooms and 1 bathroom (sizes range from 40–50m²)
• Tiled lounge with open-plan dining area
• Modern kitchens –fully fitted with electrical stoves
• Showers in all bathrooms
• Parking: 5 Bays total (2 garages & 3 open bays) development potential: Garages can be converted into 2 additional units
• Zoning: GB4 (General Business) fully tenanted –All leases in place
Location Highlights:
• 280m from Ashley’s Family Restaurant & Goodwood Mall
• 2.7km from Grand West Casino Short walk to Voortrekker Road –easy access to public transport and major routes. This well-positioned block offers stable rental income with strong growth potential in one of Cape Town’s most accessible areas.
Pre-auction offers (excluding Claremart fee) will be considered.
• The gross annual income ±R592 056
• Bulk for new development 1485m²
• Un-sectionalised block
DETAILS:
• Erf no: 8485, Goodwood
• Erf size: 495m²
• Zoning: General Business 4
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
Goodwood Estate, Goodwood, Western Cape
