4 Tenanted Units On Vasco Boulevard

Bidding opens at R1,900,000

ONLINE AUCTION

Bidding Start Time: Wednesday 28 June 2023 @ 09:00

Bidding End Time: Thursday 29 June 2023 @ 14:30

Registration is essential by Monday 26 June 2023.

Pre-Auction Offers may be considered. Auction Finance Available.

For more information, please contact the listing agent.

Description:

Calling investors - INCOME GENERATOR - TENANTED 4 UNITS - SECURED ON VASCO BOULEVARD.

The main house is divided into 2 units PLUS a separate flatlet and a separate studio apartment.

Rental Details:

• UNIT A: 3 Bedrooms, lounge, with open-plan kitchen and family bathroom - R10,250 per month
• UNIT B: 1 Bedroom, lounge, with open-plan kitchen and family bathroom - R5,286.75 per month
• UNIT C: 1 Bachelor unit - R3,640 per month
• UNIT D: 1 Bachelor unit - R3,750 per month
• TOTAL MONTHLY INCOME: R 22,926.75 PER MONTH OR R275,121 PER ANNUM OR NET RETURN OF 12.5%

• This property is fully secured, each unit has own water meters.
• Property has ample secured parking.
• Each unit has own braai facility.
• Large grounds back of property.

MAKE AN OFFER TODAY! CALL ME.

Details:

• Erf no: 5107, Goodwood
• Erf size: 496m²
• Rates:  TBC

Web Ref:  610164

Transfer Duty Applicable

Payment Terms:

2.5% Deposit & 10% Auctioneers Fee (excl. VAT on fee), payable on the fall of the hammer by means of EFT only.  Balance payable on Transfer.

Sanjeev Boyjoonauth  |  066 054 2211  |  021 425 8822  |  sanjeev@claremart.com

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: info@claremart.co.za