Search Here
Subscribe
SAIA - South African Institute of Auctioneers

DUAL ZONED DEVELOPMENT OPPORTUNITY IN AUCKLAND PARK DEVELOPMENT PROPERTY AUCTION IN CAPE TOWN, WESTERN CAPE AUCTIONED BY CLAREMART AUCTIONEERS

Please scroll down for more information.

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

  • Citizen media hammer gavel
  • godove media
  • Nuco Site top
  • crosstate auction top site
  • Auction Operation Home Site Top Banner

CAPE TOWN - DEVELOPMENT PROPERTY, INVESTMENT PROPERTY

DUAL ZONED DEVELOPMENT OPPORTUNITY IN AUCKLAND PARK

DESCRIPTION:

35 Auckland Avenue Auckland Park Johannesburg

FEATURES:

BIDDING OPENS AT R3,800,000

ONLINE AUCTION

Bidding Start Time: Wednesday 28 July 2021 @ 9:00AM

Bidding End Time: Thursday 29 July 2021 @ 2:30PM

Registration is essential before Tuesday 27 July @ 2:00PM

For more information, please contact the listing agent.

Description:

• This corner property is within walking distance of a shopping centre and food outlets. It is an investor's dream with the property used as student accommodation.

• This property comes with approved building plans in place for a four storey resi development that can accommodate up to 70 beds.

• The current property has 5 rooms with communal kitchen and bathroom.

• There are also 6 cottages on the premises.

• It has secure on-site parking and an alarm system in place.

• This prime location property makes it an even better investment as it is in close proximity to universities, public transport and highways allowing for easy commuting.

• Right in the very heart of Melville the opportunities are endless

• Opposite campus Square

• Approved for Residential component

• Mixed Use development

• Multiple entrances

• Ideal for retail and shopfronts at the bottom and student res above

Details:

• Erf no: 608

• Erf size: 989m²

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 refundable 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.


 
  • banner2 middle liquidity
  • South African Auction College
  • dynamic hatfield
  • prime auctions middle middle
  • PVA Banner
  • Royal Academy middle site right
  • michael james site left bottom
  • godove site middle click
  • auction operation site middle left
  • WH auctions site click right