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PRIME DEVELOPMENT ZONE FOR BLOCK OF FLATS - WINDSOR PARK RESIDENTIAL PROPERTY AUCTION IN CAPE TOWN, WESTERN CAPE AUCTIONED BY CLAREMART AUCTIONEERS

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

PRIME DEVELOPMENT ZONE FOR BLOCK OF FLATS - WINDSOR PARK

DESCRIPTION:

32 Selbourne Road Windsor Park Kraaifontein


 

FEATURES:

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.

Description:

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

Details:

• Erf no: 291

• Erf size: 4402m²

• Zoned: General Residential 2

SHOW DAYS: View by Appointment

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 certified copy of your identity document and current proof of residence (not older than 3 months).

Brochure Disclaimer:

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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