ONLINE AUCTION
Bidding Start Time: Wednesday 30 July 2025 @ 09:00
Bidding End Time: Thursday 31 July 2025 @ 14:30
Registration is essential by Monday 28 July 2025.
Pre-Auction Offers may be considered. Auction Finance Available.
For more information, please contact the listing agent.
DESCRIPTION:
• Main house-2 beds, lounge, Kitchen & bathroom, potential rental ±R7500 pm
• Main house 3rd bedroom, just toilet that needs to be renovated for potential rental of ±R3000 pm
• Separate flatlet 1 -1 bedroom with lounge , kitchen & bathroom-potential rental of ±R4500 pm
• Separate flatlet 2 -1 bedroom, kitchen & bathroom- potential rental of ±R3500
• Flatlet 3- Open plan open space being rented - ±R2000 pm
• Total possible income of ±R20,500pm or ±R246,000 p/annum @ 17%+ ROI
• Proposed sketch plans to add more rental units
DETAILS:
• Erf no: 14944, Goodwood
• Erf size: 518m²
• Zoning: Single Residential 1
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
Connaught Estate, Parow, Western Cape