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Deceased Estate No Reserve Auction - Prime Investment Transformation Opportunity
updated on Sep 04, 2026
POA

WEB REF: 766639

Property Summary
  • Selling Price POA
  • Property Type House
  • Erf Size 306 m2


  • Beds 2
  • Baths 1
Description

Deceased Estate Lionel Jacobs (Master Ref no. 021361/2022) No Reserve Auction - Sold Subject To Confirmation Vacant occupation not guaranteed. 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: DECEASED ESTATE - No Reserve Auction- Sold Subject To Confirmation. Calling All Investors, Renovators, And First-Time Buyers With A Vision. This 2-bedroom, 1-bathroom home is the perfect blank canvas, offering endless potential to renovate, modernise, and create something truly special. Whether you're looking to flip, rent, or build long-term equity, this property presents an outstanding value-add opportunity. With the right creative touch and renovation, you can transform this home into a fantastic investment or comfortable residence. Ideally situated in a sought-after location, the property is conveniently close to the CBD, shopping centres, public transport, schools, and a wide range of everyday amenities, making it an excellent choice for homeowners and investors alike. Don't miss this rare opportunity to unlock the full potential of this property and reap the rewards. DETAILS: • Erf no: 118127, Cape Town • Erf size: 306m² • Zoning: Single Residential 1 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.

      Property Address

      Brooklyn, Milnerton, Western Cape

      Contact Agent(s)

      eMail Agent(s)