New Listing

2 Bedroom house for auction in Observatory, Cape Town

R2,900,000
  1. 2
  2. 2
  3. Web Ref: 1025917

Property Features

ERF Size 350 m²
Rates R971
Building Size 111m²

Interior Features

2 Bedrooms
1 Dining Room
1 Study
1 Flatlet
Kitchen
2 Bathrooms
1 Lounge
1 Store Room
Security
1 Fireplace

Exterior Features

5 Parking Spaces
Garden

Two-bedroom house with income generating flatlet

Going on Auction: Wednesday 13 November 2019 at 12 Noon
Reserve Price: R2 900 000.00 (All offers will be reviewed)
(10% Commission plus VAT over and above bid amount)

"This spacious freestanding property boasts original wooden flooring and high ceilings.
It has 2 Bedrooms, and 2 Bathrooms, one of which is an en-suite to the Master bedroom and has its own underfloor heating.

No need to ever worry about load-shedding again, as this property shares its line directly with the nearby hospital (which doesn't bear the brunt of load-shedding).

The added Granny flat offers a great investment opportunity that could potentially knock off up to 25% of your bond installments, and currently generates rental income of R5500 p/m.

Covered yard and parking for up to 5 vehicles. Huge study, fully fitted kitchen with granite tops and ALL APPLIANCES INCLUDED. Loads of extra features, not to mention location itself. A Must-See!"

The new owner has the option to convert /renovate the home into a five bedroom house.

Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A "Reserve Price" is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property's market value, nor the amount the property is likely to be sold for on the day of the auction

Location

Contact the agent

Bond repayment calculator

Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years

Ready to sell?

Our goal is to sell your property at the right price and in the shortest possible time.

Related Properties

3 Bedroom house for auction in Marina Da Gama, Cape Town

Going on Auction: Wednesday 13 November 2019 at 12 Noon Reserve Price: R2 800 000.00 (All offers will be revie…

4 Bedroom house for auction in Athlone, Cape Town

Going on Auction: Wednesday 13 November 2019 at 12 Noon Reserve Price: R2.4 million (All offers will be review…

4 Bedroom house for auction in Athlone, Cape Town

Going on Auction: Wednesday 27 November 2019 at 12 Noon Reserve Price: R2 450 000.00 (All offers will be revie…