Introducing a versatile property that seamlessly blends the comfort of a family home with the potential for a self-sustaining investment. The exterior showcases a beautiful, zero-maintenance face brick finish.
The property is currently partially tenanted and generates and income of R22,000.
On the auction day the auction will start with an opening bid of R1,450,000! Our seller has a reserve price, but all offers are to be submitted and presented for their consideration.
All offers encouraged. Submit an offer to stop the auction - loan or cash. Easy process to register to bid at the auction. Online bidding and streaming available. Regular show houses to be held. Auction info available on request.
The Seller has chosen to make use of our internationally proven Luxury Non-Distressed Auction Platform For Serious Sellers
- No Buyers Commission
- Full Finance Options Available
- Offers Accepted prior to Auction Day
- All property reports available on request
- The seller has a Non-Disclosed Reserve Price
* Opening bid on auction day will be R1,450,000
* Registration required with ID proof.
* Bidding in South African Rand.
* Highest bidder commits to purchase.
* Purchaser not liable for property arrears.
* Auction with Reserve seller can reject bids below reserve.
* Purchaser pays purchase price and transfer costs.
* Property is sold subject to confirmation by the seller.
* Compliant with Consumer Protection Act.
The main residence features 5 bedrooms, each uniquely floored with laminated wood, novilon, or ceramic tiles. Two bedrooms offer the luxury of laminated wood flooring, while two have the comfort of novilon, and one is adorned with ceramic tiles. The main bedrooms provide access to a balcony boasting stunning views.
Built-in cupboards grace four of the bedrooms, while one enjoys loose cupboards. The ambiance is enhanced by an air conditioner in one of the main bedrooms. A carpeted staircase and the main upstairs landing area add an extra touch of comfort.
The residence boasts three bathrooms, two equipped with baths and a hand shower, while another features a shower. An additional separate toilet adds convenience. The ceramic-tiled dining room and kitchen, as well as the laminated wood-floored spacious lounge, contribute to the overall appeal.
The property also encompasses a pantry and a laundry room, both adorned with ceramic tiles, a sunroom doubling as a dining area, under-stair storage, an enclosed courtyard, and panoramic views.
Adding to its allure are ten outbuilding units, each with a separate entrance and private bathrooms featuring showers, toilets, and basins. Tiled floors grace each apartment, with three featuring carpeted bedrooms. Seven units are occupied by long-term tenants, one is used for storage, and two remain vacant.
A double garage with automated doors ensures secure parking. The property is equipped with a Texecom alarm system with armed response from Monitornet. Two separate automated entrance gates cater to the family home and tenants.
Situated within walking distance to two primary schools and one high school, the property is also conveniently close to Laudium Hospital. Places of worship, including churches, mosques, and a temple, are easily accessible. Additionally, a Shell Garage and Foodline supermarket are within walking distance.
This property offers an exceptional opportunity for those seeking a family home with additional income-generating potential.
