2 Bedroom Flat on Auction in Melrose Arch

Description

Opening Bid: R 3,000,000 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. THE PROPERTY CONSISTS OF: Discover contemporary luxury in one of Johannesburg's most prestigious lifestyle precincts. This beautifully appointed 2-bedroom, 2-bathroom apartment offers an exceptional opportunity to own a stylish residence in the vibrant heart of Melrose Arch. The interior features the best architecture and contemporary design. There is a seamless flow from the internal living area onto the outdoor patio and garden, with direct access to Protea Fire & Ice Hotel. The two bedrooms are generously proportioned, with built-in cupboards. The main suite boasts a luxurious full en-suite bathroom, while the second bathroom comes with ample cupboard space and its own en-suite bathroom. 40 on Oak is the first multi-unit residential project certified under the Green Star SA system. It received a 4-star Green Star SA PILOT certification in October 2011.  Green features of the building include natural ventilation, double glazing, centralised hot water by means of gas, LED lighting, and low VOC finishes. All occupants can access their real-time energy, gas and water consumption online. Also beneficial for the certification is that the development is located in a mixed-use, pedestrian-friendly neighbourhood, with good access to public transport. DETAILS: • Sectional scheme name: SS 40 On Oak • Sectional scheme no: 685/2012 • Unit no (Extent): 4 (122m²) • EUA no (Extent): 17 (14m²) (Parking Bay) • EUA no (Extent): 22 (14m²) (Parking Bay) • EUA no (Extent): ST4 (10m²) (Storage) 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. 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.