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DECEASED ESTATE - DEVELOPMENT POTENTIAL - MAITLAND RESIDENTIAL PROPERTY AUCTION IN CAPE TOWN, WESTERN CAPE AUCTIONED BY CLAREMART AUCTIONEERS

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The South African Institute of Auctioneers Promotes the Auction Industry by Serving our Members, Stakeholders and the Public.

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CAPE TOWN - RESIDENTIAL PROPERTY, COMMERCIAL PROPERTY, DEVELOPMENT PROPERTY, INVESTMENT PROPERTY

DESCRIPTION:

17 Spencer Street Maitland Cape Town

FEATURES:

Description

Deceased Estate - Fatima Pirie, Master Reference No. 008414/2020

ONLINE BIDDING ONLY

Bidding Start Time: Wednesday 25 November 2020 @9:00AM

Bidding End Time: Thursday 26 November 2020 @2:30PM

Registration is essential before Tuesday 24 November @2:00PM

For more information please contact the listing agent.

Description:

• Oversized home in Maitland

• Great investment opportunity

• The property consists of 5 large separate entrances ready for rental income,

• Main house has 3 large rooms, a spacious lounge and a large kitchen

• Independent shower and corner bath

• Pool in the yard and parking for 8 cars

• GR4 Zoning

• Great development opportunity

• Rental income per annum +/- R408 000

Details:

• Erf no: 23517

• Erf size: 937m²

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.


 
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