Apartment on Auction in Cape Town City Centre

Description

LIVE & ONLINE AUCTION Auction Time & Date: Wednesday 8 July 2026 @ 12:00 Registration: Online & On-site At The Venue. Venue: The DHL Stadium, Business Lounge G, Fritz Sonnenberg Road, Green Point, Cape Town For more information, please contact the listing agent. DESCRIPTION: Two apartments sold together as one lot with 4 x parking bays. Combined extent of ±400m². SECTION 4: • Size: 197m² • 6 Rooms tenanted at ±R600,000pa • Value buy for residential investment • Communal area for tenants • 2 Parking bays situated at The Adderley (±13m² each) • 14% Nett return SECTION 6: • Size: 194m² • Very large modern two-bedroom apartment • 1 ½ Bathrooms • Value buy in Cape Town CBD precinct • Attractive rate per m² value • Spacious living area flow • Quality finishes throughout • Central location within CBD • 2 Parking bays situated at The Adderley (±12m² each) DETAILS: • Sectional scheme name: SS The Wellington Fruit Growers Building • Sectional scheme no: 23/2005 • Unit no: 4 & 6 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 R25,000 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.