DISTRESSED SELLER, INVESTMENT/FLIP PROPERTY POTENTIAL

Duly instructed, by the Seller, We will offer for sale by On-Site Auction the Immovable Property Situated at:

12 KRISANT STREET, LEVALLIA, GEORGE

Excellent Investment/flip property.  This property features 3 roomy bedrooms, 2 bathrooms, one En-Suite, huge open plan dining and family room, big kitchen and the garage is in the transformation to become a one-bedroom Batchelor flatlet complete with separate bedroom, single bathroom, living room, and kitchenette.  

As the building stands currently it needs loads of TLC inside and outside.  

Work completed by the current owner:

  • all the window frames replaced with aluminium
  • new floor tiles throughout the house
  • 2 bathrooms, tiled with new fittings

Prospective buyers will have the benefit of finishing off:

  • The kitchen of your choice
  • Closets in all the bedrooms and bathrooms
  • Completing the bachelor flatlet
  • Any other cosmetic work.
  • Etcetera 

Plenty of potential for a savvy investor, for student accommodation or first homeowner looking for a complete fixer-upper project

Description:

  • House
  • ERF Size: 614sqm
  • Building size: 215sqm Approx

Location: Levallia

Levallia is a suburb of George located between the Garden Route Mall and George East.  Properties prices has substantially raised in this area as it is conveniently located close to schools, shops, restaurants and public transport.

On offer:

  • 3 Bedrooms
  • 2 bathrooms (1 En-suite)
  • Kitchen
  • Lounge
  • Batchelor Flatlet

Special Features:

  • Complete fixer upper

Municipal Details:

  • Monthly Municipal bill: R820.49 (Excl. Water and Elec)
  • Electricity prepaid
  • Zoning: Single Residential Zone 1

For further enquiries please contact: Juanita Eksteen – 0834598777

Auction Terms Summary:

  • Onsite bidding: ID and proof of address required to register
  • Online bidding: Bidder deposit required and ID and Proof of Address to register (deposit fully refundable, if bidder not successful)
  • 10% deposit, plus Auctioneers Commission and Advertising Costs payable on the fall of the hammer.
  • Auction Subject to Seller’s acceptance.
  • Full terms and conditions available for inspection at our offices.

Subject to change without notice. Right of admission Reserved.