Rare Investments For Keen Investor or Developer

OPENING BIDS TO BE ADJUSTED ONE DAY PRIOR TO AUCTION.

ONLINE AUCTION

Bidding Start Time: Wednesday 27 August 2025 @ 09:00

Bidding End Time: Thursday 28 August 2025 @ 14:30

Registration is essential by Monday 25 August 2025.

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

For more information, please contact the listing agent.

DESCRIPTION:

A unique opportunity to acquire a totally walled and secured compound with total land of 3355m² - subdivided into 12 Erven with 11 homes of which 2 homes are completed and 1 vacant plot.

Let these homes generate substantial return for you.

Income-Generating investment with 11 Houses of which two are complete – offering 11 homes with 2 bedrooms, bathroom with shower, open plan lounge and kitchen. Self- contained homes for easy rental income.

Approved plans for the incomplete dwellings are available. You can complete the homes and keep for rental income or sell them out for a very good profit.

Extra Features:

• Carport
• Tiled floors, aluminium window frames & water tank for completed homes.
• Fully walled & gated community with garden & pet friendly environment, ample parking available.

Pre-Auction Offers excl. Claremart fee will be considered.

DETAILS:

• Erf no (Extent):  1203, Chatsworth (224m²)
• Erf no (Extent):  1204, Chatsworth (285m²)
• Erf no (Extent):  1205, Chatsworth (249m²)
• Erf no (Extent):  1206, Chatsworth (228m²)
• Erf no (Extent):  1207, Chatsworth (245m²)
• Erf no (Extent):  1208, Chatsworth (236m²)
• Erf no (Extent):  1209, Chatsworth (237m²)
• Erf no (Extent):  1210, Chatsworth (276m²)
• Erf no (Extent):  1211, Chatsworth (235m²)
• Erf no (Extent):  1212, Chatsworth (250m²)
• Erf no (Extent):  1213, Chatsworth (250m²)
• Erf no (Extent):  1214, Chatsworth (244m²)
• Rates:  TBC
• Zoning:  Residential

Web Ref:  753621

Transfer Duty 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.

Sanjeev Boyjoonauth | 066 054 2211 | 021 425 8822 | sanjeev@claremart.com

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: info@claremart.co.za