Intro

Duly instructed, by the Seller, We Will Offer by Online Auction the Immovable Property Situated At:

Duly instructed, by the Seller, We Will Offer by Timed Auction the Immovable Property Situated At

79 VIOOLTJIE STREET, KLEINKRANTZ, WESTERN CAPE

CALLING ALL INVESTORS & LANDLORDS! IDEAL 8-BEDROOM RENTAL PROPERTY!

Video

Date and time

Timed Auction Dates: 3 August 2020 at 8:00 am to 14 August 2020 at 12:00 pm.
Venue: Online Auction.
Viewing: By Appointment Only.

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Description

CALLING ALL INVESTORS & LANDLORDS!

IDEAL 8-BEDROOM RENTAL PROPERTY!

This property is ideal as a multi-tenanted premise and offers a great rental return potential for an astute property investor. Situated in the up and coming area of Kleinkrantz in Wilderness, this area is showing strong growth and development due to the large demand for affordable housing.

The property was recently constructed and full plans in place. The property is uniquely constructed from park home modular units.

Four of these units have been used to create a large home. The park home modular units are approximately 15m in length and 3.2m in width. This has created a home which is approximately 288sqm under roof.

Two of the units have been adjoined length-ways and placed on poles to create an upper level. The remaining two form the ground floor and have been placed just outside of the poles. This means that the space under the upper level is now enclosed into a large living space.

The upper level is accessible from an outside staircase and offers 4 bedrooms, 2 bathrooms, living area and kitchen.

The downstairs area offers a further 4 bedrooms, one bathroom, kitchen and large living areas.

Before the COVID and lockdown, the owner was renting the entire property out for R18,000 per month.

Unique opportunity to purchase a developed property offering strong rental returns.

The property is being offered on a timed online auction to register to bid and participate in the auction visit our website.

Alternatively, you can contact the auction one office for more details.

 

Images

Terms

TERMS:

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

Full terms & conditions of auction available for inspection.

Contact: Greg King for particulars.
044 012 5004 / 084 556 6166 / greg@auctionone.co.za / gardenroute@auctionone.co.za
125 Meade Street, Beacon Place, George, Western-Cape.

Subject to change without notice. Right of admission Reserved