Massive Building For Multi-Let / B&B / Guesthouse / Student Accommodation

BIDDING OPENS AT R3,120,000.

ONLINE AUCTION

Bidding Start Time: Wednesday 31 July 2024 @ 09:00

Bidding End Time: Thursday 1 August 2024 @ 14:30

Registration is essential by Monday 29 July 2024.

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

For more information, please contact the listing agent.

DESCRIPTION:

Located on Vasco Boulevard this HUGE double storey building with span over two floors  with 590m² of built area offers:

• 12+ Bedrooms
• 6 Bathrooms
• Open plan areas
• Common braai area
• 6 Kitchens
• 4 Lounges
• 3 Cars secured parking and plenty off- street parking.
• Perfect to run businesses (with council's permission)
• Run a Guest House or Student Accommodation with around 10 possible multi-let units and generate in excess of R60,000 per month or R720,000 per annum.
• Sectionalization possibility exist subject to approval.
• In vicinity of public transport and N1 city.

Call me to make an offer & secure this fantastic building.

All Pre-auction areas welcome.

DETAILS:

• Erf No:  16089, Goodwood
• Erf Size:  496m²
• Rates:  TBC
• Zoning:  Single Residential 1

Web Ref:  715072

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.

Sanjeev Boyjoonauth | 066 054 2211 | 021 425 8822 | [email protected]

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: [email protected]