7 Bedroom House on Auction in Buitenverwagting

Description

Opening Bid Starts At R4,000,000 LIVE & ONLINE AUCTION Auction Time & Date: Tuesday 10 November 2026 @ 12:00 Registration: Online & On-site at the Auction Venue. Venue: The DHL Stadium, Business Lounge G, Fritz Sonnenberg Road, Green Point, Cape Town. Registration at the venue will be open from 10:30. Online Registrations will close on Monday 9th November 2026 at 17:00. Located in the prestigious and highly sought-after Buitenverwagting, Paarl, this exceptional multi-dwelling property offers the perfect combination of family living, income potential, and breathtaking mountain views. Currently tenanted with a 2-month notice clause. With a spacious 3-bedroom main home, separate 2-bedroom flatlet, a 2-bedroom cottage, newly built swimming pool, private garden and ample parking, this is a rare opportunity in one of Paarl’s most desirable suburbs. Main Residence-Designed for comfortable family living and entertaining, the main home features: • 3 Spacious bedrooms, main en-suite • Pyjama lounge/family space upstairs • Large lounge & dining room both with fireplaces • Glass doors open onto a generous patio with stunning Du Toitskloof Mountain views. Entertainment & Outdoor Living: • Covered entertainment area • Built-in braai • Home office/storeroom • Newly built swimming pool • Landscaped outdoor areas Perfect for family gatherings, summer braais, or relaxed Winelands living. • Separate Income-Producing Units • 2 Bedroom flatlet • Private and spacious • Ideal for extended family or rental income. Garden Cottage: • Private entrance • 2 Bedrooms • Perfect for Airbnb, student accommodation, staff quarters or guests. Parking & Extras: • Double garage • Double undercover parking • Additional storeroom • Excellent security Prime Paarl Lifestyle Close to top Paarl schools, wine estates, restaurants, shopping centres, and quick access to the N1. Properties offering this level of space, flexibility, and income potential in Buitenverwagting are extremely rare. It sits within walking distance or a short drive from Paarl’s prestigious top-tier schools, local heritage sites, and the bustling main commercial hubs. DETAILS: • Erf no: 4034, Paarl • Erf size: 1609m² 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. ONLINE 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 R50,000 Refundable Registration Fee for Online Registration Registration fee payable via EFT only, no card payments allowed. ON-SITE 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 for On-site Registration. Registration fee payable via EFT only, no card payments allowed. FICA REQUIREMENTS: All relevant documentation will be required for registering on behalf of a person/entity as follows: PERSON: • Copy of your ID • Proof of residence - not older than 3 months • Bank confirmation letter (Applicable once proof of payment is sent) COMPANY: • Company Registration documents • Resolution signed by all Shareholders authorising Bidder • Copy of all Shareholders/Directors ID • Proof of Company Address - not older than 3 months • Company Tax Clearance Certificate • Bank confirmation letter (Applicable once proof of payment is sent) TRUST: • Trust Registration documents • Resolutions signed by all Trustees authorising Bidder • Copy of all Trustee's ID's • Proof of Trust Address - not older than 3 months • Trust Tax Clearance Certificate • Bank confirmation letter (Applicable once proof of payment is sent) All relevant documentation will be required for registering on behalf of a Non-Profit Organisation as follows: • Valid certificate of registration as a non-profit organisation/welfare organisation (NPO Certificate) • Section 21 company registration documents • Resolution signed by all directors/office bearers authorising Bidder • Copy of director's/office bearers’ ID's • Proof of organisation's address - not older than 3 months • Organisation's Tax Clearance Certificate/Public Benefit Organisation Certificate (PBO Certificate) • Bank confirmation letter (Applicable once proof of payment is sent) 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.