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Tenanted Block Of 22 Apartments – Great Investment
updated on Aug 12, 2025
POA

WEB REF: 753643

Property Summary
  • Selling Price POA
  • Property Type Commercial - Block of Flats
  • Erf Size 2702 m2


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: • Fully let block of 22 apartments • Fairly sized & nicely setup 1 or 2 bedrooms with lounge , kitchen and bathroom in each • Communal braai & entertainment area • Secured parking available • Rental income of ±R107,613 pm or ±R 1,291,356 pa • Great returns 14.5% yield Pre-Auction offers excl. Claremart’s fee will be considered. DETAILS: • Erf no: 899, Vryburg • Erf size: 2702m² 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

      Vryburg Vryburg

      Contact Agent(s)

      eMail Agent(s)