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Duly instructed by the Executor in the matter Estate Late: DR SHULTZ.
(Estate no.000634/2024).
We Will Offer For Sale By Public Auction The Property Situated At:
50 3RD STREET, GONUBIE, EAST LONDON.
- Date: 26/06/2024
- Time: 10:00 AM.
- Venue: ON SITE.
- Viewing: By Appointment or One Hour Before Auction.
ID & proof of residence required for registration.
WATCH THE YOUTUBE VIDEO HERE
AUCTIONEERS NOTE – TWO INCOMES OFF ONE ERF, EQUALS EXCELLENT PROPERTY PURCHASE.
“Take in the sea breeze in this LIGHT BRIGHT FAMILY HOME!
A corner property with great rental potential, 66 17th Avenue in Gonubie is an excellent find. An erf size of over 1000 square meters and just two blocks from the seafront, the main house and granny flat is situated on an expansive level-erf within the lush garden. The property is fully walled and has two separate entrances off the main road for added convenience and extra privacy. This is a deceased estate property auction and a matter of urgency.
Fantastic value for any buyer is the solar system, consisting of solar panels, a 5KW inverter, and two 5KW batteries – that’s 10KW of power in total, suppling both the house and granny flat! Park under the carport or within the large garage, complete with a utility area and laundry. A domestic assistant’s room is attached to the rear of the garage with its own ablutions. Together this once again offers excellent potential for another flat let.
Unleash your creativity by giving the main house a modern revamp, it really is a solid built home. Most of the windows have been changed to aluminium which are low maintenance and hardy against ocean conditions. With three bedrooms featuring built-in cupboards, a family bathroom with separate shower and bath, and a fitted melamine kitchen leading to the dining area, there’s ample space for your family to thrive with a spacious lounge that opens into a bright enclosed sunroom.
Adjacent to the main house, the modern face brick fully tiled granny flat with alloy windows and Xpanda type security gates and bars all the way round is a winner. Offering two bedrooms, utility room, stunning fitted kitchen, bathroom, and an open-plan lounge area. Don’t miss out on this “three-tier” investment opportunity – rent out both homes, provide extended family with a comfortable space, or live in the house and rent the granny flat. The possibilities are endless!
Settle down in Gonubie, one of East London’s best-kept seaside suburbs.
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TERMS:
10% DEPOSIT, AUCTIONEERS COMMISSION & ADVERTISING COSTS PAYABLE ON THE FALL OF THE HAMMER. Full terms & conditions of auction available for inspection at our office.
Seller Disclosure Document.