Newly Built Tenanted Entire Block Of Flats

OPENING BIDS TO BE ADJUSTED ONE DAY PRIOR TO AUCTION.

ONLINE AUCTION

Bidding Start Time: Wednesday 28 May 2025 @ 09:00

Bidding End Time: Thursday 29 May 2025 @ 14:30

Registration is essential by Monday 26 May 2025.

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

For more information, please contact the listing agent.

DESCRIPTION:

• 8 High specs, built apartments
• 2 x 66m² & 6 x 68m²
• The apartments consist of two spacious bedrooms with BIC
• Tiled lounge with open plan dining area
• Fully fitted kitchen with Caesar stone tops
• Blinds, fully secured and electric fencing
• Bath and shower in most of the units
• There are 13 undercover parking bays
• Tenanted at ±R91,000 per month or ±R1,092,600 per annum with 6% escalation
• Save on transfer duty - Will be sold sectionalized
• Pre - Auction offers excluding Claremart fee will be considered.

DETAILS:

• Erf No:  76020, Cape Town
• Erf Size:  694m²
• Rates:  ±R839.32 per month
• Zoning:  General Residential 2

Web Ref:  740394

VAT 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]

Shameer Isaacs | 081 759 8302 | 021 425 8822 | [email protected]

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: [email protected]