Bidding opens at R2,500,000
ONLINE AUCTION
Bidding Start Time: Wednesday 28 September 2022 @ 9:00AM
Bidding End Time: Thursday 29 September 2022 @ 2:30PM
Pre-Auction Offers may be considered. Auction Finance Available.
For more information, please contact the listing agent.
DESCRIPTION:
Vacant Occupation to coincide with Transfer - Seller to remain in property until then. (See special condition in Sale Agreement)
MAIN HOUSE:
Top Floor - Kitchen fitted with built-in cupboards, built-in oven, stove and hob, single sink and plumbed for both dishwasher and washing machine appliances. First bathroom (shower, toilet, basin). Main bedroom with built-in cupboards and full en-suite (bath, shower, toilet, basin). Walk-in closet and sun room converted into 2 additional bedrooms with shared built-in cupboards. Additional bedroom with built-in cupboards and tiled throughout. Lounge and dining areas. Secured burglar bars.
Ground Floor - Drive through garage converted into 3 sections with roller door separation (possibility to store 3-4 vehicles). Currently used as entertainment area with lounge with fireplace and built-in bar leading to pantry section. Middle section can be used as indoor gym. Additional 3rd section used as storage room and home workshops (possibility for work from home office or business operation, e.g. mechanic, carpentry, design room, etc.). Has separate bathroom (shower, toilet, basin, plumbed for washing machine).
FLAT 1:
Separate entry secured access into open plan lounge and fitted kitchen with built-in stove, oven and hob with plenty of built-in cupboards, plumbing for washing machine and double sink. Prepaid electricity and water. Tiled throughout. 2 Sizeable bedrooms. Fully family bathroom with bath, shower, toilet and basin. Lock up & go set up with burglar bars and security gate. Currently tenanted month-to-month at R5,200.00 per month (potential to increase up to ±R7,500.00 per month).
FLAT 2:
Separate entry secured access leading to open plan lounge and kitchen fitted with built-in stove, hob and oven with single sink and plumbed for washing machine. Prepaid electricity and water. Main bedroom with small built-in cupboards and access to pool area. Second bedroom with built-in cupboards and laminated floors. Bathroom has shower, toilet, basin and extractor fan. Lock up & go set up with burglar bars and security gate. Currently tenanted month to month at R4,000.00 per month (potential to increase up to ±R7,500.00 per month).
Additional features:
DSTV & WiFi/Fibre connected.
Alarm systems installed.
Jojo tank for water capturing and re-feed back into house.
Communal swimming pool and washing lines.
Current building plans available. (Possibility to add a balcony or deck area for top floor at front section above garage for added braai area and views or separate access entry to top floor).
Table Mountain views - west facing.
Secured parking for at least 5 vehicles on property. Automated gates.
Wrap around paving throughout for low maintenance.
Windows and doors mixed - aluminium and wooden frames.
DETAILS:
Erf no: 101483, Cape Town
Erf size: 468m²
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.
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