Huge Development Opportunity Or Multi-let On Prime Main Road

OPENING BIDS TO BE ADJUSTED ONE DAY PRIOR TO AUCTION.

ONLINE AUCTION

Bidding Start Time: Wednesday 30 October 2024 @ 09:00

Bidding End Time: Thursday 31 October 2024 @ 14:30

Registration is essential by Monday 28 October 2024.

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

For more information, please contact the listing agent.

DESCRIPTION:

Huge 1399m² Land with large home offering:

• Subdivision possibilities
• Can be rezoned for business, mixed use or residential apartment development
• Ideal for business as on main road with high traffic exposure

CURRENTLY OFFERS:

• 4 Bedrooms
• 2 Bathrooms
• Lounge and dining
• Fitted kitchen
• Possible multi let for income generation.

PRE-AUCTION OFFERS WELCOME.

DETAILS:

• Erf no:  61557, Cape Town
• Erf size:  1399m²
• Rates:  TBC
• Zoning:  Single residential 1

Web Ref:  727624

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]