Block Of Flat For Sale - Prime Investment Opportunity in Goodwood

OPENING BIDS TO BE ADJUSTED ONE DAY PRIOR TO AUCTION.

ONLINE AUCTION

Bidding Start Time: Wednesday 29 October 2025 @ 09:00

Bidding End Time: Thursday 30 October 2025 @ 14:30

Registration is essential by Monday 27 October 2025.

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

For more information, please contact the listing agent.

DESCRIPTION:

An excellent opportunity to acquire a fully tenanted income-producing block in the heart of Goodwood, ideally suited for savvy investors looking to expand their portfolio.

Property Details:

• 6 Units – 4 x 2-bedroom (50m²) units & 2 x 3-bedroom units (80m²)
• Tiled lounge with open-plan dining area
• Showers in all bathrooms
• Parking: 5 bays total (2 garages & 3 open bays) Development Potential
• The garage can be converted into single units
• Fully tenanted –All leases in place
• No stoves
• Prepaid electricity and water meter

Location Highlights:

• 280m from Ashley’s Family Restaurant & Goodwood Mall
• 2.7km from Grand West Casino short walk to Voortrekker Road – easy access to public transport and major routes.

This well-position block offers stable rental income with strong growth potential in one of Cape Town’s most accessible areas.

Pre-auction offers (excluding Claremart fee) will be considered.

DETAILS:

• Erf no:  8485, Goodwood
• Erf size:  495m²
• Rates:  ±R6,000.00 per month
• Zoning:  General Business 4

Web Ref:  756798

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.

Yanick Djemba | 067 043 7513 | 021 425 8822 | yanick@claremart.com

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: info@claremart.co.za