Bidding opens at R1,475,000
ONLINE AUCTION
Bidding Start Time: Tuesday 28 May 2024 @ 09:00
Bidding End Time: Thursday 30 May 2024 @ 14:30
Registration is essential by Monday 27 May 2024.
Pre-Auction Offers may be considered. Auction Finance Available.
For more information, please contact the listing agent.
DESCRIPTION:
House with 3 flatlets - income generating property.
Main house consists of:
• 2 Bedrooms with built-in cupboards
• 1 Bathroom with a shower and a bath
• Lounge
• Kitchen with built-in cupboards
• Income: R6,000 per month.
3 Flatlets on the property consist of:
• 2 Bedrooms, bathroom and kitchen - Income of R5, 000 per month.
• 1 Bedroom, kitchen and bathroom - Income of R4,000 per month.
• 1 Bedroom, kitchen and bathroom - Income of R2,500 per month.
Total Rental Income is R17,500 per month or R210,000 per annum
• Enclosed garage, parking space for 3 cars.
• Remote garage door.
Offers welcome from R1.475,000 excluding Claremart fee.
DETAILS:
• Erf no: 1047
• Erf size: 313m²
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
5 Dandelion Way Pelican Park Cape Town