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POA

15 Bedroom House On Auction in Maitland

43 Montague Avenue, Maitland, Cape Town

15
5
1 487 m²
- m²: 1 487 m²
- Hectares: 0.149 ha
- Acres: 0.367 acres

AUCTION

Contact Agent

Shameer Isaacs

Show Contact Number

Re-Development Opportunity

ONLINE AUCTION

Bidding Start Time: Wednesday 27 November 2024 @ 09:00

Bidding End Time: Thursday 28 November 2024 @ 14:30

Registration is essential by Monday 25 November 2024.

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

For more information, please contact the listing agent.

DESCRIPTION:

PORTFOLIO DISPOSAL

• Type: 5 Semi-Detached houses

• Potential: RE-Development opportunity

• Condition: The property is dilapidated and has some fire damage.

• 15 Bedrooms (3 per semi-detached house)

• 1 Bathroom per semi-detached house

IMPORTANT TO NOTE: The property is illegally occupied, and evictions will need to be done by the purchaser. The property will be sold as it stands.

Viewings at leisure.

An area growing in value. There's a massive demand for affordable housing close to the CBD.

Maitland is situated along a few important transport...

ONLINE AUCTION

Bidding Start Time: Wednesday 27 November 2024 @ 09:00

Bidding End Time: Thursday 28 November 2024 @ 14:30

Registration is essential by Monday 25 November 2024.

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

For more information, please contact the listing agent.

DESCRIPTION:

PORTFOLIO DISPOSAL

• Type: 5 Semi-Detached houses

• Potential: RE-Development opportunity

• Condition: The property is dilapidated and has some fire damage.

• 15 Bedrooms (3 per semi-detached house)

• 1 Bathroom per semi-detached house

IMPORTANT TO NOTE: The property is illegally occupied, and evictions will need to be done by the purchaser. The property will be sold as it stands.

Viewings at leisure.

An area growing in value. There's a massive demand for affordable housing close to the CBD.

Maitland is situated along a few important transport networks connecting the Cape Town city bowl to the rest of the city. Also, a mere 2 min drive/walking distance to the new AMAZON development. Massive demand for affordable rentals in this area.

ILLEGALLY OCCUPIED:

The Purchaser acknowledges that this property is Illegally Occupied. Vacant occupation on registration of transfer is not guaranteed by the Seller and it will be the Buyers responsibility to get the Illegal Occupants out at their own cost.

DETAILS:

• Erf No: 24582, Cape Town

• Erf Size: 1487m²

• Zoning: General residential 4

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.

REGISTRATION REQUIREMENTS:

To bid at the auction you need to provide a copy of your identity document and current proof of residence (not older than 3 months) as well as a R20,000 refundable registration fee.

DISCLAIMER:

The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.

The Claremart Group is a leader in commercial and residential properties. We attract huge crowds to our auctions and consistently match and exceed the mandated price on properties sold under our hammer.