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Excellent Location With Huge Income Potential

Onsite Liquidation Auction - Apartment Block - Humewood - Gqeberha

Status Ended
Auction 5 November 2024

Auction status

Ended

Excellent Location With Huge Income Potential
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Description

Professional Auction Announcement

Auction of Apartment Building Consisting of 25 Residential Units

 

Units sold with:

  • Beds
  • Bar Fridge
  • Stove

 

Prime Investment Opportunity

We are pleased to announce the upcoming auction of 25 residential units located at 43 Windermere Road, Humewood, Gqeberha. This property presents a unique investment opportunity featuring a mix of bachelor and two-bedroom apartments.

Property Details:

  • Units: 24 Bachelor Apartments & 1 Two-Bedroom Unit
  • Unit Features: Each unit includes a bedroom, kitchen, and bathroom equipped with a bath/shower, toilet, and basin.
  • Common Areas:
    • Reception Area
    • Open Plan Lounge
    • Laundry Room
    • Outside Storeroom
    • Electrical Room
    • Spacious Parking Area accommodating approximately 20 vehicles

Auction Details:

  • Auction Date: 5 November 2024
  • Auction Time: 11:00 AM
  • Auction Location: 43 Windermere Road, Humewood, Gqeberha

 

Auction Format:

  • Auction 1: Units 1 - 25 will be auctioned individually with leases
  • Auction 2: Units 1 - 25 will be auctioned individually without leases
  • Auction 3: The entire building will be auctioned with leases
  • Auction 4: The entire building will be auctioned without leases

 

Viewing:  

Interested parties are encouraged to schedule a viewing by appointment

Don't miss this exceptional opportunity to acquire a well-located residential property. For more information and to arrange a viewing, please contact us

Commercial Property Details

Commercial Details

Stand Size
894 Square Meters In Extent
Street
43 Windermere Road
Suburb
Humewood
City
Gqeberha
Property Address
43 Windermere Road, Humewood, Gqeberha
Erf Number
409, Humewood
Title Deed
Multiple
Diagram Deed
Multiple
Monthly Rates
Individually Invoiced