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The South African Institute of Auctioneers Promotes the Auction Industry by Serving our Members, Stakeholders and the Public.
32 Selbourne Road Windsor Park Kraaifontein
Guide Price R 2 450 000 – R 2 850 000
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.
PRE-AUCTION OFFERS WELCOME !!
MAJOR REDEVELOPMENT OPPORTUNITY AT DISCOUNTED PRICE.
3 consolidated plots into a large site that is ideal for conversion into a block of flats or rental income units.
• Existing rental income on a month to month agreements
• House Features: 4 bed (tenanted per room), 2 bath (Toilet, basin, shower), open plan kitchen + lounge/dining, 1 garage (convertible into another room), Storage room, Enclosed large yard space
• Additional dwellings Features: 1x 2bed flatlet, 5x1bed flatlet, All with bathrooms (shower, toilet, basin and gas appliance)
• Big yard space for gardens and vehicle/equipment parking
• Has already been rezoned to accommodate block of flats development
• Proposed plans for 24 units with 36 parking bays
• Floor factor 1.0, Permissible Coverage up to 60%, Height Restriction 15 m
Within close distance from N1 highway, Cape Gate Shopping Centre, Schools, Religious centres, Filling stations and Recreational zones
• Erf no: 291
• Erf size: 4402m²
• Zoned: General Residential 2
SHOW DAYS: View by Appointment
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.
To bid at the auction you need to provide a certified copy of your identity document and current proof of residence (not older than 3 months).
The information supplied in this catalogue 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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