5 Large Tenanted Apartments - Fantastic Investment!

Bidding opens at R950,000 (per unit)

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:

5 LARGE RENOVATED & TENANTED 2-BEDROOM APARTMENTS:

APARTMENT 1:

• 79m²
• 2 Bedrooms
• Lounge
• Fitted kitchen
• Private garden
• Tenanted for R11,000 per month

APARTMENT 8:

• 81m²
• 2 Bedrooms
• Lounge
• Fitted kitchen
• Parking bay
• Tenanted for R9,000 per month

APARTMENT 10:

• 81m²
• 2 Bedrooms
• Lounge
• Fitted kitchen
• Garage
• Tenanted for R9,800 per month

APARTMENT 12:

• 81m²
• 2 Bedrooms
• Lounge
• Fitted kitchen
• Garage
• Tenanted for R10,000 per month

APARTMENT 20:

• 86m²
• 2 Bedrooms
• Lounge
• Fitted kitchen
• Garage
• Tenanted for R9,300 per month

Total rental per R49,100 per month or R589,200 per annum.

All apartments have water and electricity prepaid meters.

Details:

• Sectional scheme name: SS Eden Court
• Sectional scheme no: 239/2015
• Unit no (Extent): 1 (79m²)
• Unit no (Extent): 8 (81m²)
• Unit no (Extent): 10 (81m²)
• Unit no (Extent): 12 (81m²)
• Unit no (Extent): 20 (86m²)
• EUA no (Extent): 23 (17m²) (Garage)
• EUA no (Extent): 25 (17m²) (Garage)
• EUA no (Extent): 30 (18m²) (Garage)
• EUA no (Extent): 31 (18m²) (Garage)
• Rates:  TBC
• Levies:  TBC

Web Ref:  603150

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