LIVE & ONLINE AUCTION
Auction Time & Date: Wednesday 8 July 2026 @ 12:00
Registration: Online & On-site At The Venue.
Venue: The DHL Stadium, Business Lounge G, Fritz Sonnenberg Road, Green Point, Cape Town
For more information, please contact the listing agent.
DESCRIPTION:
PORTFOLIO DISPOSAL
• ± 12% Nett rental income at ±R5.1m nett rental income per annum
• 5 x Tenanted shops mostly on 5-year lease (Longstanding tenants)
• General residential for high-rise development
• Renovated 18-Unit residential component, all en-suite or student accommodation
• Potential to increase revenue by ± R150,000.00 per month
• Heritage implication
• 2 x Parking bays
DETAILS:
• Erf no: 178762, Cape Town
• Erf size: 621m²
• Zoning: General Business 7
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 R25,000 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
Cape Town City Centre, Cape Town, Western Cape
