Mixed-Use Investment

OPENING BIDS TO BE ADJUSTED ONE DAY PRIOR TO AUCTION.

ONLINE AUCTION

Bidding Start Time: Wednesday 28 January 2026 @ 09:00

Bidding End Time: Thursday 29 January 2026 @ 14:30

Registration is essential by Monday 26 January 2026.

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

For more information, please contact the listing agent.

DESCRIPTION:

Ideally located in Wynberg Village this is an investment opportunity not to be missed.

The opportunity consists of 4 erven.

3 Gosport street, Wynberg:

• 3 Bedroom semi-detached house
• 176m²
• Zoning: GR4
• Current rental and expense: ±R10,000 / Rates ±R650.
• Prepaid electricity and metro prepaid water meter.

5 Gosport Street:

• 3 Bedroom semi-detached house
• Extent: 173m²
• Zoning: GR4
• Current rental and expense: ±R12,000 / Rates ±R700.
• Prepaid electricity and metro prepaid water meter.

60 Sussex Road:

• 2 Commercial (retail) units. 1 Retail unit vacant
• 1 Residential house
• Extent: 463m²
• Zoning: GB1
• Combined income ±R38,000 / Rates ±R3,500
• All units have prepaid electricity and water is prepaid as well.

6 York Road:

• 2 x 2-Bedroom apartments
• Extent: 391m²
• Zoning:  GB1
• Combined income ±R34,500 / Rates ±R3,000.
• Prepaid electricity and Citi prepaid water meters.

• Total Gross Income: ±R94,500
• Municipal Expenses: ±R7,850

The property also geared for development.

Sold together or separately.

Do not miss this great opportunity. Pre-Auction offers may be considered.

DETAILS:

• Erf no (Extent):  68667, Cape Town (173m²)
• Erf no (Extent):   68668, Cape Town (176m²)
• Erf no (Extent):   68669, Cape Town (463m²)
• Erf no (Extent):   68670, Cape Town (391m²)

Web Ref:  757457

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.

Shameer Isaacs | 081 759 8302 | 021 425 8822 | shameer@claremart.com

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: info@claremart.co.za