Commercial - Retail on Auction in Chatsworth

Description

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: A unique opportunity to acquire a totally walled and secured compound with total land of 3355m² -subdivided into 12 Erven with 11 homes of which 2 homes are completed and 1 vacant plot. Let these homes generate substantial return for you. Income-Generating investment with 11 Houses of which two are complete – offering 11 homes with 2 bedrooms, bathroom with shower, open plan lounge and kitchen. Self- contained homes for easy rental income. Approved plans for the incomplete dwellings are available. You can complete the homes and keep for rental income or sell them out for a very good profit. Extra Features: • Carport • Tiled floors, aluminium window frames and water tank for completed homes. • Fully walled, gated community with garden, pet friendly environment and ample parking available. Pre-Auction Offers excl. Claremart fee will be considered. DETAILS: • Erf no (Extent): 1203, Chatsworth (224m²) • Erf no (Extent): 1204, Chatsworth (285m²) • Erf no (Extent): 1205, Chatsworth (249m²) • Erf no (Extent): 1206, Chatsworth (228m²) • Erf no (Extent): 1207, Chatsworth (245m²) • Erf no (Extent): 1208, Chatsworth (236m²) • Erf no (Extent): 1209, Chatsworth (237m²) • Erf no (Extent): 1210 Chatsworth (276m²) • Erf no (Extent): 1211, Chatsworth (235m²) • Erf no (Extent): 1212, Chatsworth (250m²) • Erf no (Extent): 1213, Chatsworth (250m²) • Erf no (Extent): 1214, Chatsworth (244m²) • Zoning: Residential 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.