2 Bedroom House on Auction in Observatory

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. This 2-bedroom house is ideal accommodation for students or those looking for a lock-up-and-go in a prime position. Work from home. • Right near AFDA College and surrounded by other businesses and shops. • Mixed-use zoning. • Big rental demand in the area and great rental potential. • Separate kitchen. • Back courtyard has the potential to add on. Best known as a student neighbourhood associated with the nearby University of Cape Town and Groote Schuur Hospital. The property is within walking distance of Observatory's popular cafes, restaurants, Groote Schuur Hospital, UCT shuttle routes, public transport, and major transport links. DETAILS: • Erf no: 25512, Cape Town • Erf size: 90m² • Zoning: Mixed Use 2 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.