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SAIA - South African Institute of Auctioneers

VACANT PLOT IN PRIME LOCATION - BO KAAP DEVELOPMENT PROPERTY AUCTION IN CAPE TOWN, WESTERN CAPE AUCTIONED BY CLAREMART AUCTIONEERS

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CAPE TOWN - DEVELOPMENT PROPERTY, INVESTMENT PROPERTY

VACANT PLOT IN PRIME LOCATION - BO KAAP

DESCRIPTION:

Bo Kaap, Cape Town, Western Cape

FEATURES:

Guide Price: R1 000 000 – R1 500 000

ONLINE AUCTION

Bidding Start Time: Wednesday 30 June 2021 @ 9:00AM

Bidding End Time: Thursday 1 July 2021 @ 2:30PM

Registration is essential before Tuesday 29 June @ 2:00PM

For more information, please contact the listing agent.

Description:

Situated at the foot of historical Bo-Kaap, where Cape Town City centre meets the well known tourist destination, this plot can be found neatly tucked away in a convenient location.

Providing a generous size of 140m² between 2 semi-detached houses, with a zoning of SR1, this plot could be used to build a sizeable multi-level home or investment property.

Having a unique layout where the back of the plot has access to a parking lot owned by the City of Cape Town, the property built on it could have entrances at the front and back. If used as an investment property, one could even build a small block with multiple units and separate access for each of them.

Being dead centre on Rose Street between Strand Street and Wale Street, this plot could not be more conveniently located.

Come and build your dream home in a prime location, or start calculating your potential income for an investment possibility with this plot now!

Drive by for a viewing at any given time!

Call Zaneeq or Nikolai for any further queries

Details:

• Erf no: 142717

• Erf size: 140m²

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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