Renovators Dream - Corner House with Multi-lets

OPENING BIDS TO BE ADJUSTED ONE DAY PRIOR TO AUCTION.

ONLINE AUCTION

Bidding Start Time: Tuesday 29 April 2025 @ 09:00

Bidding End Time: Wednesday 30 April 2025 @ 14:30

Registration is essential by Friday 25 April 2025.

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

For more information, please contact the listing agent.

DESCRIPTION:

Need space for the kids and pets, want to convert into multi-let units for student accommodation, got the itch for capital renovation projects. This expansive family home welcomes all types of buyers and investors looking for the best deal in Thornton. Within close distance from best transport routes, primary schools, recreational parks, religious places of worship, and the College of Cape Town - Thornton Campus.

Main House:

• Currently a free-standing corner property. Enclosed front & back courtyards with garden entrance for ample space.
• Living room with built-in fireplace & air-conditioning units. Adjacent is the kitchen with plenty of built-in cupboards, built-in dual oven and stove, sinks and pantry area with plumbing points for washing machine or dishwasher.
• Large main bedroom with built-in cupboards & full en-suite bathroom (shower, bath, basin and toilet). 2 additional bedrooms next to each other with built-in cupboards. 4th bedroom can be used as guest room/home office.
• Main DB Board with meters. Natural light throughout with additional dim lights installed.
• Full family bathroom with bathtub, basin, toilet, storage, and a separate shower. Guest toilet also available.
• Massive swimming pool with lapa and built-in double braai and entertainment areas.

Bonus Value-Adds:

• Separate flatlet - one bedroom with built-in cupboards, open planned kitchen & lounge area, bathroom (shower, toilet, basin). Additional room with outside toilet and basin for washroom, storage or secondary room/office/workspace. Ideal for income generation, formal workspace from home or when family & friends stay over.
• Three additional outbuildings that can be used as income-generator, storage shed, security base, domestic quarter or workshop/office. In addition, additional garage area converted into secondary flatlet with 2 kitchens, open-planned lounge & bedroom. Sub DB board installed for separate meters and supply from main house.
• Fibre ready & DSTV set up. 3 x Jojo tanks and reverse osmosis filtration system set up.
• Parking secured behind motorized gate for up to 5 vehicles including dedicated garage and undercover carport.
• Fully secured - High-level vibecrete walls, sensor beam detection throughout exterior, CCTV cameras with monitors, alarm system with intercom, •
• Security gates & burglar bars, Aluminium and wooden window frames, and folding stacked doors.
• Potential to go up a 2nd storey as well as sub-divide and multi-let the property. No known heritage or building restrictions exist.

View By Appointment or 3D Virtual Tour - Contact Sachin

DETAILS:

• Erf No:  927, Thornton
• Erf Size:  776m²
• Rates:  TBC
• Zoning:  Single Residential 1

Web Ref:  732434

VAT 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.

Sachin Boyjoonauth | 068 259 2425 | 021 425 8822 | sachin@claremart.com

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: info@claremart.co.za