UPMARKET GUEST HOUSE – EXCELLENT FOR INCOME GENERATION

Excellent Upmarket Property, currently used as a Guest House. Fantastic Investment!

We Are Pleased to Offer For Sale By Public Auction The Property Situated At:

ERF 3598
64 MOREMI STREET, DOBSONVILLE EXT 1, SOWETO, 1724

ID & proof of residence required for registration.

Date: 20 – 26 September 2024
Time: Bidding Opens @ 10h00 AM, 20 Sep 2024 – Bidding Closes @ 12h00, 26 Sep 2024
Venue: ONLINE ONLY
Viewing: By Appointment

EXCELLENT FOR INCOME GENERATION! FANTASTIC INVESTMENT!

WATCH THE YOUTUBE VIDEO HERE

AUCTIONEER’S NOTE: Excellent Upmarket Property, currently used as a Guest House. Fantastic Investment!

Get your bidder paddles ready!

Excellent Opportunity to purchase a large 9-bedroom, 8-bathroom home in Dobsonville Soweto.

This well-appointed property is currently being run as a guest house, offering buyers the opportunity to buy an income-generating property.

A rare opportunity is not to be missed. Bidding starts from R1,1m.

Property Features

Free Standing Home (Full Title)
ERF Size: 282m²
Building Size: approx. 180m² (floor space)
9 Bedrooms
8 Bathrooms (all ensuite)
Parking for 3 cars
Kitchen
Lounge
Guest Toilet
Fully walled with Gate

Location

Gold Reef City Casino is 17 km from Phomolong Guest House Soweto, while Gold Reef City is 18 km from the property. The nearest airport is Lanseria International Airport, 39 km from the accommodation.

Auction Terms Summary

Online Bidder Registration is to be completed through the AuctionOne website, bidder registration deposit of R10,000 is required to be approved as a bidder.
10% deposit, plus Auctioneer’s Fees Advertising of R4,500, and Document fee of R1,150 payable on the fall of the hammer.
Starting bid is the bidding starting point and is not the reserve price for the property.
Auction Subject to Seller’s acceptance.
Full bidder pack with Seller property condition declaration available for download on the website.
Full terms and conditions available for review on request.

ID and Proof of residence required to register.

Subject to change without notice. Right of admission Reserved.