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Multi-Tenanted Property - Huge Income Potential
updated on Apr 10, 2024
R 1 475 000

WEB REF: 575013

Property Summary
  • Selling Price R 1 525 000
  • Property Type House + Cottage/Flat
  • Erf Size 313.0000 m2


  • Beds 5
  • Baths 4
  • Parking Bays 3
Description

ONLINE AUCTION Bidding Start Time: Wednesday 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 with possible income of R19,500 p.m. / R234,000 p.a. Main house consists of: • 2 bedrooms with built-in cupboards • 1 bathroom with a shower and a bath • Lounge • Kitchen with built-in cupboards • Possible income: R7500 p.m. 3 flatlets on the property consist of: • 2 bedrooms, bathroom and kitchen - income of R4500 p.m. • 1 bedroom, bathroom and kitchen - income of R4000 p.m. • 1 bedroom, bathroom and kitchen - income of R3500 p.m. Additional features: • Enclosed garage parking space for 3 cars • Remote garage door 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.

Additional Features
  • Auto Garage Doors
  • Burglar Bars
Property Address

5 Dandelion Way Pelican Park Cape Town

Contact Agent(s)

eMail Agent(s)