Exclusive Auction Mandate!
Suggested Opening Bid: R800 000
Discover this beautifully renovated, upstairs apartment offering modern living and an excellent investment opportunity!
The apartment features 2 spacious bedrooms with built-in cupboards, a neat bathroom fitted with a toilet, basin and shower, a functional kitchen, and a comfortable lounge that opens onto a private balcony.
Situated in a secure complex, residents can enjoy access to a communal swimming pool and a dedicated children’s play area, making it ideal for both relaxation and family living. A security guard adds an extra layer of peace of mind.
Investment Highlight:
Currently operating as a Bed and Breakfast (B&B), this unit generates an impressive monthly income of approximately R25 000, making it an attractive opportunity for investors looking to expand their property portfolio.
Property Features:
- 2 Bedrooms with built-in cupboards
- 1 Bathroom
- Kitchen and lounge
- Private balcony
- Upstairs unit
- Communal swimming pool
- Children’s play area
- Security guard
- Newly renovated interiors
- Currently operating as a B&B
Finance options are available! Our in-house bond originator is ready to assist with pre-approval and guide you through the financing process.
Please note: Transfer costs are not included in the purchase price.
Don’t miss out on this fantastic investment opportunity! Contact us today for more information or to arrange a viewing.
All offers are encouraged. Submit an offer to stop the auction - loan or cash. Easy process to register to bid at auction. Auction via Online Bidding on our Website. Viewings can be arranged.
The Seller has chosen to make use of our nationally proven Non-Distressed Auction Platform For Serious Sellers.
Full Finance Options Available
Offers Accepted prior to Auction Day
All property reports available on request
The seller has a Non-Disclosed Reserve Price
Seller to arrange compliance certificates and rates clearance certificate for buyer
Auctioneers fee is payable over and above the purchase price. Subject to confirmation.