Commercial - Land on Auction in Oakdene

Description

LIVE & ONLINE AUCTION Auction Time & Date: Thursday 17 September 2026 @ 12:00 Registration: Online & On-site at the Auction Venue. Venue: The DHL Stadium, Business Lounge G, Fritz Sonnenberg Road, Green Point, Cape Town. Registration at the venue will be open from 10:30. Online Registrations will close on Wednesday 16th September 2026 at 17:00. DESCRIPTION: Approved Student Accommodation Development Opportunity Positioned in the high-demand suburb of Oakdene, Kuils River, this shovel-ready development site offers a rare opportunity to secure a fully approved student accommodation project with strong income potential. This property comes with approved site development plans (SDP), zoning, and building plans already in place, saving you significant time and cost Key Features: • Approved for 8 units • Additional provision to build another dwelling in the future • Opportunity to increase bulk by adding 1–2 extra floors (subject to final approvals) • Zoning: General Residential 2 • Extent: 1,139m² • Development contributions already paid Prime Location for Student Housing: • Approximately 10 km from the University of the Western Cape • Approximately 10 km from Cape Peninsula University of Technology • Easy access to transport routes, retail, and amenities Investment Highlights: • Designed for the growing student accommodation market • Strong potential for high rental yields • Opportunity to expand and increase long-term capital growth DETAILS: • Erf no: 6286, Kuils River • Erf size: 1139m² • Zoning: General Residential 2 ONLINE 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 R50,000 Refundable Registration Fee for Online Registration Registration fee payable via EFT only, no card payments allowed. ON-SITE 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 R25,000 Refundable Registration Fee for On-site Registration. Registration fee payable via EFT only, no card payments allowed. FICA REQUIREMENTS: All relevant documentation will be required for registering on behalf of a person/entity as follows: PERSON: • Copy of your ID • Proof of residence - not older than 3 months COMPANY: • Company Registration documents • Resolution signed by all Shareholders authorising Bidder • Copy of all Shareholders/Directors ID • Proof of Company Address - not older than 3 months • Company Tax Clearance Certificate TRUST: • Trust Registration documents • Resolutions signed by all Trustees authorising Bidder • Copy of all Trustee's ID's • Proof of Trust Address - not older than 3 months • Trust Tax Clearance Certificate All relevant documentation will be required for registering on behalf of a Non-Profit Organisation as follows: • Valid certificate of registration as a non-profit organisation/welfare organisation (NPO Certificate) • Section 21 company registration documents • Resolution signed by all directors/office bearers authorising Bidder • Copy of director's/office bearers’ ID's • Proof of organisation's address - not older than 3 months • Organisation's Tax Clearance Certificate/Public Benefit Organisation Certificate (PBO Certificate) 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.