In2assets will be auctioning three prime properties on October 20 at 11am. The live, as well as online, sale will be held at Mount Edgecombe Country Club.
The first property is a two-bedroom apartment near Newlands Stadium at 36 SS Ronday, 3 Boundary Road, Rondebosch.
The lock-up-and-go property features mountain views, is close to amenities, restaurants, schools and tourist attractions.
The area offers good short-term letting opportunities as well as long-term tenancies.
The property comprises two bedrooms with one well-sized bathroom, an open-plan lounge and kitchen with newly-renovated melamine counters.
The second property is a large family home in Rondebosch at 45 Albion Road, close to top schools, restaurants and tourist attractions.
With an ERF size of ± 496 m², the property has two almost identical living area levels of 137m² each.
Each living area comprises: three bedrooms with built-in cupboards; two bathrooms with shower and bath; a kitchen; and an open plan lounge/dining room.
The property would be perfect for an investor as the current setup would allow the buyer to maximise rental returns while lowering risk. It would also suit an extended family who require separate living areas.
In addition to these residential properties, a Spar retail centre at 1 Primrose Square, Westering, Port Elizabeth will be going under the hammer.
The centre is approximately 2 850 m² with a Gross Annual Income of ± R4.2 million and includes the Spar supermarket, Tops liquor outlet, a pub, a cash loan business, and an ATM on the ground floor. There are two floors above occupied by the Spar butchery, bakery and administrative offices as well as offices rented to a variety of businesses.
Viewing is by appointment. For more information on these properties, please contact In2assets on 0861 444 769 or email info@in2assets.com
