New Listing

2 Bedroom mixed use for auction in Hazendal, Cape Town

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  3. Web Ref: 1029973

Property Features

ERF Size 535 m²
Rates R1,134
Building Size 128m²

Interior Features

2 Bedrooms
1 Lounge
1 Flatlet
Granny flat
1 Bathroom
1 Store Room

Exterior Features

5 Parking Spaces

Going on Auction: Wednesday 18 December 2019 at 12 Noon

Going on Auction: Wednesday 18 December 2019 at 12 Noon
Reserve Price: R1.85 million (All offers will be reviewed)
(10% Commission plus VAT over and above bid amount)

Two-bedroom house with bathroom, lounge, fully fitted kitchen and separate granny flat. Five secure parking bays & a well-established garden. Commercial component with two sections as well as storage space, which has the potential to be converted into an additional income-generating flatlet. Zoned for LB2 usage.
Total rental income R19 800.00 per month. Commercial yield on investment 9.13%

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


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