House on Auction in Woodstock

Description

ONLINE AUCTION Bidding Start Time: Tuesday 30 September 2025 @ 09:00 Bidding End Time: Wednesday 01 October 2025 @ 14:30 Registration is essential by Monday 29 September 2025. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. DESCRIPTION: Claremart is proud to present this exciting opportunity in the heart of Woodstock. Property Details: • Three-bedroom semi-detached double-story corner home • General residential zoning—great redevelopment potential • Current rental income: ±R13 480 per month (excluding utilities) • Estimated rates: ±R768 per month Ample room for improvement and value-add positioned in one of Cape Town’s most dynamic suburbs, this property is ideal.for investors, developers, or end-users seeking long-term growth. With a strong rental yield and zoning flexibility, 37A Essex Road offers both, immediate returns and exciting upside potential. DETAILS: • Erf no: 11535, Cape Town • Erf size: 147m² • Zoning: General Residential 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.