Opening Bid: R 950,000
LIVE & ONLINE AUCTION
Auction Time & Date: Thursday 17 September 2026 @ 12:00
Registration: Online & On-site at the Auction Venue.
Venue: The DHL Stadium, Business Lounge G, Fritz Sonnenberg Road, Green Point, Cape Town. Registration at the venue will be open from 10:30.
Online Registrations will close on Wednesday 16th September 2026 at 17:00.
THE PROPERTY CONSISTS OF:
Currently performing exceptionally well across both short- and mid-term rentals, this 53m² apartment at Castle Rock is a standout investment opportunity.
Featuring modern interiors, a spacious layout, and a prime first-floor position, the apartment also comes with a dedicated basement parking bay. Monthly rental: ±R17 000 per month
Building Features:
• Communal swimming pool
• Basement parking bay
• 24-hour manned security
• Visitors parking available
A sleek, secure and high-performing apartment that combines style, convenience and strong investment potential.
Motivated Seller — Must Sell.
DETAILS:
• Sectional scheme name: SS Castle Rock
• Sectional scheme no: 97/2020
• Unit no (Extent): 207 (53m²)
• Unit no (Extent): PB131 (13m²) (Parking Bay)
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.
ONLINE 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 R50,000 Refundable Registration Fee for Online Registration
Registration fee payable via EFT only, no card payments allowed.
ON-SITE 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 R25,000 Refundable Registration Fee for On-site Registration.
Registration fee payable via EFT only, no card payments allowed.
FICA REQUIREMENTS:
All relevant documentation will be required for registering on behalf of a person/entity as follows:
PERSON:
• Copy of your ID
• Proof of residence - not older than 3 months
COMPANY:
• Company Registration documents
• Resolution signed by all Shareholders authorising Bidder
• Copy of all Shareholders/Directors ID
• Proof of Company Address - not older than 3 months
• Company Tax Clearance Certificate
TRUST:
• Trust Registration documents
• Resolutions signed by all Trustees authorising Bidder
• Copy of all Trustee's ID's
• Proof of Trust Address - not older than 3 months
• Trust Tax Clearance Certificate
All relevant documentation will be required for registering on behalf of a Non-Profit Organisation as follows:
• Valid certificate of registration as a non-profit organisation/welfare organisation (NPO Certificate)
• Section 21 company registration documents
• Resolution signed by all directors/office bearers authorising Bidder
• Copy of director's/office bearers’ ID's
• Proof of organisation's address - not older than 3 months
• Organisation's Tax Clearance Certificate/Public Benefit Organisation Certificate (PBO Certificate)
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.
Property Address
10 Hanover Street Zonnebloem Cape Town