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R713

Investor’s Dream with Huge Potential! - Live Modern Auction!

Harcourts Certified & Transparent Non-Distressed Auction Platform!
Bidding to start from R1 000 000! Live Modern Auction!
Auction date: 20 March 2025 unless sold prior!
All offers are encouraged.
To stop the auction, you can submit a loan or cash offer at any time before the auction.
The Seller has chosen to use Harcourts Auctions' Non-Distressed Auction Platform for Serious Sellers.

This semi-detached home in sought-after Groenvallei offers an exciting opportunity for investors and homeowners alike. Recently upgraded with brand-new laminated flooring and a fresh coat of paint, this home is well on its way to being a high-income rental property.
A skylight in the lounge fills the space with natural light, creating a bright and welcoming atmosphere. The large sunroom at the entrance offers the flexibility to be converted into a fourth bedroom, further increasing rental potential. While the home is already comfortable and functional, additional work will be required to bring it to its full potential and maximize returns.
Property Features:
• 3 Spacious Bedrooms – Well-sized with ample natural light
• 1 Bathroom – Functional and well-maintained
• Lounge & Dining Room – Open-plan living with a skylight for added brightness
• Modern Kitchen – Well-equipped with storage space
• Large Sunroom (Convertible to a 4th Bedroom!) – Ideal for extra living space or rental value
• Single Garage + Double Carport – Secure parking for multiple vehicles
• Private Courtyard – Low-maintenance outdoor area
• Wendy House/Tool Shed – Extra storage or workshop space
• Recent Upgrades – Brand-new laminated flooring & fresh paint
Why Invest?
• Huge Rental Potential – Great layout with an optional 4th bedroom
• Value-Add Opportunity – Some TLC needed to maximise rental income
• Bright & Airy Living Spaces – Thanks to the skylight in the lounge
• Prime Location – Close to schools, shopping centers, and public transport
• Move-in Ready with Minor Improvements Needed!
Don’t miss out on this investment opportunity, contact the agent today to learn more about the Auction and Bidding Process.

- No Buyers Premium (no Auctioneers fee) - seller to pay the commission
- Full Finance Options Available
- Offers Accepted before Auction Day
- All property reports, available on request
- Seller to arrange compliance certificates and rates clearance certificates for buyer
- Regular open hours to view before the auction
- The seller has a Non-Disclosed Reserve Price
- Opening bid R1 000 000!

Features

3
1
1
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Carports / Parkings
2
Sizes
Floor Size
120m²
Land Size
264m²

On Show

13:00 to 14:00
Sunday, 23 February 2025
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Directions

From N1 Direction Paarl, take Old Oak Turnoff. At 3rd Traffic Light Turn Right into Midmar Street continue to 3-way stop. Turn left to keep on Midmar then take 2nd left into Wagondrift.

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Groenvallei, Bellville

About Bellville About 25 kilometres east of Cape Town's centre, toward Stellenbosch in the Tygerberg highlands, sits Bellville, which is part of the Cape Peninsula urban region. The city offers breath-taking views of the Stellenbosch Mountains, Kogelberg Range, and Winelands. Not only is Bellville a sought-after residential area, industrial and commercial property is also in high demand. The industrial and...
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AUCTION

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R1,000,000

Offers for this listing must be made in R100,000 increments. More Info

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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts Dunn website is accurate and up to date, Harcourts Dunn makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

10,321.88

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