Commercial - Block of Flats on Auction in Vasco Estate

Description

ONLINE AUCTION Bidding Start Time: Tuesday 30 September 2025 @ 09:00 Bidding End Time: Wednesday 01 October 2025 @ 14:30 Registration is essential by Monday 29 September 2025. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. DESCRIPTION: This prime property is situated in sought-after and ever so popular Vasco Estate Goodwood. Along busy Voortrekker Road with a lot of traffic and foot traffic makes this a great investment. TENANT 1: • Loan company • Month to month • Rental – ±R19 800.00 pm • Pre-paid electricity TENANT 2: • Fish shop • Two year lease • ±R9 800.00 • Pre paid electricity • They pay the water bill UPSTAIRS: • Needs work • House with ground floor entrance • Lounge • Large kitchen • 4 Bedrooms • Potential rental ±R15 000.00pm DETAILS: • Erf no: 7204, Goodwood • Erf size: 459m² • 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.