Ideal Fixer Upper Or Keep Renting Out The Rooms With Good Returns

Bidding opens at R1,750,000

ONLINE AUCTION

Bidding Start Time: Tuesday 28 May 2024 @ 09:00

Bidding End Time: Thursday 30 May 2024 @ 14:30

Registration is essential by Monday 27 May 2024.

Pre-Auction Offers may be considered. Auction Finance Available.

For more information, please contact the listing agent.

DESCRIPTION:

AGENTS THIS IS AN EXCLUSIVE SOLE MANDATE - PLEASE RESPECT OUR SELLERS CHOICE OF AGENCY

This prime property is situated in the heart of Goodwood and is close to Pick n Pay, public transport and easy access to all motorways. Currently all rooms are rented out and there is scope to create more rooms and increase your income.

• Room 1:  R3,500.00 per month
• Room 2:  R3,500.00 per month
• Room 3:  R3,500.00 per month
• Room 4:  R3,500.00 per month
• Room 5:  Owner using - potential rental ±R4,000.00 per month
• Room 6:  Owner using - potential rental ±R4,000.00 per month
• Convert t.v. room to a bachelor flat with separate entrance - potential income ±R6,000.00 per month
• Convert single garage to a bachelor flat with separate entrance - potential income ±R6,000.00 per month
• Large back yard to build more rooms
• Covered car port
• Pre-paid electricity
• Potential income:  ±R34,000.00 per month - ±R45,000.00 per month

DETAILS:

• Erf no.:  13464, Goodwood
• Erf size:  496m²
• Rates:  ±R713.00 per month

Web Ref:  711325

Transfer Duty Applicable

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.

Josh Raisun | 078 888 9534 | 021 425 8822 | [email protected]

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: [email protected]