ONLINE AUCTION
Bidding Start Time: Wednesday 27 August 2025 @ 09:00
Bidding End Time: Thursday 28 August 2025 @ 14:30
Registration is essential by Monday 25 August 2025.
Pre-Auction Offers may be considered. Auction Finance Available.
For more information, please contact the listing agent.
DESCRIPTION:
• Perfectly positioned corner commercial building.
• On combined erven of 767m² land size.
• Currently 5 tenanted and 1 vacant shop.
• Potential income of R35,000pm or R420,000p/annum at net ROI of 12.6%.
• Possible development opportunity for mixed use with over 1500m² of bulk and 100% coverage.
• Pre-Auction offers excl. Claremart fee will be considered.
DETAILS:
• Erf no: 9928 & 9929, Goodwood
• Erf size: 341m² & 426m²
• Zoning: General Business 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.
Property Address
66 & 72, Elsies River Halt Road, Western Cape, Goodwood