Property SOLD at Public Auction – 7 – 4th Avenue, Gonubie, East London

7 – 4th Avenue, Gonubie, East London – Property SOLD at Public Auction

DATE: 18 March 2015
TIME: 10:00 am
VIEWING: By Appointment, or 1 Hour before auction.

Auctioneers Note: Follow our pointers from Corner Main Rd & 3rd Street, Gonubie.

ALL THE REASONS TO INVEST IN PROPERTY EXIST IN THIS DEAL

We are going to start off with bragging about the level 1011m² plot. Next up, the house is perfectly positioned on the front half of this plot. It could offer sub-division possibilities with a pan-handle driveway already in existence.

The main house has been tastefully renovated and split into two income generating units with alloy windows, tiles throughout, classy down lights & superb security. Unit 1 is gleaming, spacious and consists of 3 bedrooms, built-in cupboards, huge lounge onto the extra big and newly fitted open plan kitchen.  Unit 2 is spectacular with it’s one bedroom, lounge, fitted kitchen and all the luxuries of a competent home.

WE LIKE: The main road is fast reaching completion! Expect prices in Gonubie to increase, cupboards everywhere, the savvy investor will have the mind-set to subdivide and then further sectionalize and build a further two units at the back with the view to rent and hold, or to sell and profit (buyers please consult the local authorities).  4 rentals off one property could be a beautiful scenario.

It’s Bid time, That’s for sure!

TERMS: 10% DEPOSIT, AUCTIONEERS COMMISSION & ADVERTISING COSTS PAYABLE ON DAY OF SALE.

Full terms & conditions of auction available for inspection.

Contact: Justin Rohtbart for particulars. 114 Moore Street, Quigney, East London.