Commercial - Block of Flats for Sale in Southfield

Description

ONLINE AUCTION Bidding Start Time: Wednesday 28 May 2025 @ 09:00 Bidding End Time: Thursday 29 May 2025 @ 14:30 Registration is essential by Monday 26 May 2025. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. DESCRIPTION: • 8 High specs built apartments • 2 x 66m² & 6 x 68m² • The apartment consists of two spacious bedrooms with BIC • Tiled lounge with open plan dining area • Fully fitted kitchen with Caesar stone tops • Blinds, fully secured and electric fencing • Bath and shower in most of the units • There are 13 undercover parking bays • Tenanted at ±R 91,000 pm or ±R 1,092,600 per annum with 6% escalation • Save on transfer duty - Will be sold sectionalized • Pre - Auction offers excl Claremart fee will be considered. DETAILS: • Erf no: 76020, Cape Town • Erf size: 694m² • Zoning: General Residential 2 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.