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12-Unit Residential Block for Sale via Online and Onsite Auction

Ref # 2336288
R7,000,000
Photos
26
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Property Details
28 Dick King Rd
1,623m²
3,683m²

Property Auction Details

Opening bid: R7 000 000.00 + Commissions.

Auction date: 29 January 2025 at 11am

Venue: Corner Townview and Dick king road

This 12-unit residential cluster offers exceptional potential, with each unit featuring the following layout:

Ground Floor:

Kitchen

Dining area

Lounge

Garage

First Floor:

3 Bedrooms

2.5 Bathrooms

Study room

Balcony

Key Features:

Units range from approximately 129 sqm to 141 sqm.

Well-designed with separate entrance and exit gates and ample parking.

The development, completed 15 years ago, has been meticulously maintained but remains unoccupied due to the absence of an occupancy certificate.

Recent engineering report confirms no structural concerns across all 12 units.

This is a unique opportunity to acquire a well-maintained residential block with immense potential for development or investment.

Property Features
Property Type
Cluster
Bedrooms
36
Bathrooms
30
Garages
12
Open Parking
21
Floor Size
1,623m²
Land Size
3,683m²
Living Area
12
Costs and Terms
Rates & Taxes
±R4,047
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Auction
XX days XX:XX:XX
Wednesday, 29 Jan 2025
11:00
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