3 Bedroom house for auction in Capri, Fish Hoek
Web Ref: 1123154
A Renovator's Dream Going on Auction
Going on Auction: Wednesday 29 September 2021
Reserve Price: R3 200 000.00 (All offers will be reviewed)
Expected opening bid: R3 025 000.00
Non-refundable 10% commission plus VAT over and above purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
With just over 1500 m2 of land this spacious 3 bedroom home with a 1 Bedroom separate entrance is in need of a little TLC but holds HUGE potential for the discerning investor. 2 bedrooms have their own ensuites, and there is a third GUEST bathroom. A Spacious lounge area with sunset views and a fireplace leads to an open-plan kitchen complete with an eye-level oven, gas hob and a scullery. There is also an office if working from home is a desired option. The outside entertainment area is complete with a pool and braai areas and lead to the separate entrance with a kitchenette, a shower, toilet and an open plan bachelor's pad.
Ample parking space and room to develop the property further - be it extending, or adding more rental units for a lucrative investment.
Current rental income for the separate entrance is R5000 p/month
Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A "Reserve Price" is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property's market value, nor the amount the property is likely to be sold for on the day of the auction
Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years
Our goal is to sell your property at the right price and in the shortest possible time.