Guesthouse for Sale in Gatesville

Description

ONLINE AUCTION Bidding Start Time: Wednesday 26 March 2025 @ 09:00 Bidding End Time: Thursday 27 March 2025 @ 14:30 Registration is essential by Monday 24 March 2025. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. DESCRIPTION: Unique opportunity to secure this well established guest house as a fantastic investment with excellent returns or for Redevelopment potential. • Spanning over 2 erven of total size of 1194m² offering a total of 16 Bedrooms with 17 bathrooms, various lounges, Dining areas and kitchens and offices. • There is ample secured parking available on site for around 9 vehicles. • Very secure with cameras. • Perfect investment that can be improved or suits a developer for re-development Financials available only to serious buyers. Make and offer today and secure. DETAILS: • Erf no: 35731 & 35732, Cape Town • Erf Size: 1194m² • Zoning: Single Residential 1 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.