BIDDING STARTS AT

2026-11-10 10:00

OPENING BID

1 400 000 ZAR

Prime Multi-Unit Investment Opportunity In Highly Sought-After Woodstock

 

LIVE & ONLINE AUCTION

Auction Time & Date: Tuesday 10 November 2026 @ 12:00

Registration: Online & On-site at the Auction Venue.

Venue: The DHL Stadium, Business Lounge G, Fritz Sonnenberg Road, Green Point, Cape Town. Registration at the venue will be open from 10:30.

Online Registrations will close on Monday 9th November 2026 at 17:00.

 

DESCRIPTION:

Positioned in a highly desirable pocket of Woodstock, this exceptional multi-residential property offers an outstanding return on investment with guaranteed income stability. Prime location advantages include seamless access to major transport routes, highways, leading schools, and vibrant shopping centres.

 

With a total monthly rental income of ±R31,427 secured by reliable, long-term tenants, this turnkey investment comprises three individual units:

  • Tenant status: Long-term, secure leases in place
  • Unit 1: 3 Bed, 1 Bath - ±R16,000 per month (Leased to Mar 2027)
  • Unit 2: 1 Bed, 1 Bath - ±R7,000 per month (Leased to Oct 2027)
  • Unit 3: 2 Bed, 1 Bath - ±R8,427 per month (Leased to Oct 2027)

 

A rare chance to acquire a high-yielding asset in one of Cape Town’s most dynamic and growing hubs. Contact us today to arrange a private viewing.

 

DETAILS:

  • Erf no: 11885, Cape Town
  • Erf size: 273m²
  • Rates: ±R899.01 per month
  • Zoning: General Residential 4

 

Web Ref:  769621

 

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.

 

ONLINE 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 R50,000 Refundable Registration Fee for Online Registration  

Registration fee payable via EFT only, no card payments allowed. 

 

ON-SITE 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 R25,000 Refundable Registration Fee for On-site Registration.

Registration fee payable via EFT only, no card payments allowed. 

 

FICA REQUIREMENTS:

All relevant documentation will be required for registering on behalf of a person/entity as follows:

 

PERSON:

  • Copy of your ID
  • Proof of residence - not older than 3 months 
  • Bank confirmation letter (Applicable once proof of payment is sent)

COMPANY:

  • Company Registration documents
  • Resolution signed by all Shareholders authorising Bidder
  • Copy of all Shareholders/Directors ID
  • Proof of Company Address - not older than 3 months
  • Company Tax Clearance Certificate
  • Bank confirmation letter (Applicable once proof of payment is sent)

TRUST:

  • Trust Registration documents
  • Resolutions signed by all Trustees authorising Bidder
  • Copy of all Trustee's ID's
  • Proof of Trust Address - not older than 3 months
  • Trust Tax Clearance Certificate
  • Bank confirmation letter (Applicable once proof of payment is sent)

All relevant documentation will be required for registering on behalf of a Non-Profit Organisation as follows:

  • Valid certificate of registration as a non-profit organisation/welfare organisation (NPO Certificate)
  • Section 21 company registration documents
  • Resolution signed by all directors/office bearers authorising Bidder
  • Copy of director's/office bearers’ ID's
  • Proof of organisation's address - not older than 3 months
  • Organisation's Tax Clearance Certificate/Public Benefit Organisation Certificate (PBO Certificate)
  • Bank confirmation letter (Applicable once proof of payment is sent)

 

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.

 

Sulaiman Dolley | 062 350 6335 | 021 425 8822 | [email protected]


CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: [email protected]

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