8 Bedroom Commercial - Student Accommodation on Auction in Arbeidslus

Description

ONLINE AUCTION Bidding Start Time: Wednesday, 02 December 2026 @ 09:00 Bidding End Time: Thursday, 03 December 2026 @ 14:30 Registration is essential by Monday, 30 November 2026. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. Prime-located Stellenbosch property, currently fully tenanted with long-term tenants. Ideal to convert this into a very sought-after student accommodation, less than a 3 km drive from the main Stellies University campus. 2 Separate houses with 2 separate entrances to this property. Includes furniture and appliances (except for personal belongings) The Front House: • 5 Bedrooms • 2 Bathrooms • 2 Separate toilets • Combined kitchen and dining room area • Student-ready; the kitchen has 2 fridge-freezers, a separate chest freezer, and a dishwasher The Back House: • 3 Bedrooms (potentially 4) • 2 Bathrooms • 1 Separate toilet • 2 Very large master bedrooms with built-in cupboards • The main bedroom has an en-suite bathroom The granite kitchen is spacious with a pantry/storage area. Built-in oven/hob/stove, plenty of counter space, and a dishwasher, separate laundry area. The lounge/dining area has a built-in bar made out of glass bricks, plenty of counter space, and a breakfast nook. Large built-in braai in the dining area. Indoor Swimming Pool. Separate garage Lounge 2 can be easily converted into a bedroom with a balcony & great views of the Hottentots-Holland Mountain. • There are 5 CCTV cameras around the property with a recording system. • The roof has been painted with a special heat-resistant paint. DETAILS: • Erf no: 10555, Stellenbosch • Erf size: 384m² 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.