Fantastic investment opportunity or family home
updated on Mar 02, 2021
POA

WEB REF: 281911

Property Summary
  • Selling Price POA
  • Property Type House
  • Erf Size 273 m2


  • Beds 7
  • Baths 3
  • Parking Bays 2
Description

Guide Price R 2 500 000 - R 3 000 000 ONLINE BIDDING ONLY Bidding Start Time: Tuesday 30 March 2021 @ 9:00AM Bidding End Time: Wednesday 31 March 2021 @ 2:30PM Registration is essential before Monday 29 March @ 2:00PM For more information please contact the listing agent. Description: This unique 270 square meter GR4 zoned property is situated in the heart of Woodstock, on the MyCiti Route and a stone's throw away from the famous Old Biscuit Mill. Hosting a neatly finished main house of 3 bedrooms and an additional 2 flatlets with 2 bedrooms each and private access, this property is perfect for a large family looking to live together. A 5 minutes drive out of town, this property could not be located in a better prime spot. Coming with 2 enclosed off-street parking spaces, this property is one of a kind. Potential yield of R 35,000 per month or R420,000 per annum for the 3 living sections, makes it a perfect investment with great potential growth. Having additional plans available too for extensions on the property makes it all the more worthwhile looking into. The seller is even willing to do the renovation himself upon a good offer. The houses as-is, are ready to move into. Property features: - 3 housing spaces - 7 bedrooms - 3 bathrooms - 3 kitchens - 3 lounge areas - 2 off-street parking bays - GR4 Zoning - plans available for extension - Fibre ready. - Excellent investment opportunity. Pre-auction offers welcome Contact Zaneeq for an exclusive viewing Details: Erf no: 11885 Erf size: 273m² 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. 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 R20,000 registration fee. 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.

Additional Features
  • Alarm System
  • Auto Gates
  • Built in Cupboards
  • Carport
  • Electric Fence
  • Fireplace
  • isAuction
  • Laundry
Property Address

40 York Street Woodstock Cape Town

Contact Agent(s)

eMail Agent(s)