House on auction in Grassy Park, Cape Town

R 1,455,000

Can I afford this?
4 months ago190 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):1
Size (sqm):466
Description
Going on Auction: Wednesday 25 January 2023
Expected opening bid: R1 455 000.00
*Reserve Price: R1 485 000 (All offers will be considered)

This 3 Bedroom Home has great potential for the discerning investor!
Open-plan lounge and dining areas with a cozy fireplace in perfect working condition.
A spacious kitchen with built-in cupboards, an eye-level oven, hob, and an extractor fan and plumbed fittings to accommodate a washing machine or dishwasher, etc...
3 Bedrooms (All carpeted)
The Master Bedroom has built-in-cupboards
The Bathroom has a shower and basin and room to add a corner bath and additional space to fit a washing machine/tumble dryer (or both).

The front entrance of the property has a landscaped garden area and there is secure parking for at least 3 cars behind locked gates and a covered garage which can be used to accommodate another vehicle or simply converted into an income-generating separate entrance.

The backyard has a small built-in-braai and a well-sized lawn which is ideal for social occasions for the family to enjoy.

Auction Terms:
No bidding registration fees.
All bidders must produce FICA documents (ie: Copy of ID, and proof of address - no older than 3 months).
7,5% Auctioneers fee (plus VAT on fee) payable over and above the purchase price to Virtual Auctions on the fall of the hammer.
Pre-Auction Offers are welcome.
Full Finance Options available.
Unless the *reserve price has been achieved, all offers will remain subject to the Seller's confirmation.

For more Information about this property please call or email Kurt Johnson 078 832 0499 or email kurt@virtualrealty.co.za

Access Kurt’s digital business card and calendar here https://funnels.virtualrealty.co.za/kurt-johnson


Rates And Taxes: 480
Property Reference #: 112169713

Agent Details:
Virtual Realty
Virtual Realty
45 North Oaks Estate, North Oaks Avenue, Hout Bay, 7806
North Oaks Avenue
Hout Bay
7806
Id Subtitle 1251969318
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Estimated monthly repaymentR 15,768
Total property loan amountR 1,455,000
Total interestR 2,329,306
Total repaymentR 3,784,306
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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