Versatile Apartment Block / Guesthouse For Investor

Bidding opens at R3,000,000

ONLINE AUCTION

Bidding Start Time: Tuesday 25 April 2023 @ 09:00

Bidding End Time: Wednesday 26 April 2023 @ 14:30

Registration is essential by Monday 24 April 2023.

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

For more information, please contact the listing agent.

Description:

• This property currently caters for the short-term holiday maker
• 50m To boardwalk which leads onto well-known beaches
• In close proximity to restaurant and lifestyle hub
• Versatile investment property
• Parking on site

The property is situated at the end of Gonubie’s main road, close to the Gonubie Hotel. Access to the beach is just a short walk over the boardwalk with views from the upper floor units 1 and 2. Units 3 and 4 on the ground floor are spacious enough for families with their own paved yard while units 5 – 8 are compact and affordable. With the buildings position so close to the beach and favoured coffee shops, it is easy to enjoy the area while leasing affordable to large scale units.

Rentals:

• Unit 1: R8,000.00 per month including water, prepaid electricity
• Unit 2: R7,000.00 per month including water, prepaid electricity
• Unit 3: R8,500.00 per month including water, prepaid electricity
• Unit 4: R7,000.00 per month including water, prepaid electricity
• Unit 5: R6,000.00 per month including water, prepaid electricity
• Unit 6: R6,000.00 per month including water, prepaid electricity
• Unit 7: R6,000.00 per month including water, prepaid electricity
• Unit 8: R6,000.00 per month including water, prepaid electricity
• Units 2, 6 and 8 are currently empty.

Details:

• Erf no: 46, Gonubie
• Erf size: 880m²
• Rates:  TBC
• Zoning:  TBC

Web Ref:  609278

VAT 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.

Farrell Perling  |  072 040 7274  |  021 425 8822  |  farrell@claremart.com

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: info@claremart.co.za