Kleinvlei, Eersterivier, Western Cape · Property Auction

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Improvements

Opening Bid Starts At R1,200,000 LIVE & ONLINE AUCTION Auction Time & Date: Tuesday 10 November 2026 @ 12:00 Registration: Online & On-site at the Auction Venue. Venue: The DHL Stadium, Business Lounge G, Fritz Sonnenberg Road, Green Point, Cape Town. Registration at the venue will be open from 10:30. Online Registrations will close on Monday 9th November 2026 at 17:00. Can be bought together or separately. Located in Klenvlei, on offer is a mountain-facing, free-standing, multi-tenanted property & adjacent vacant land for upside development potential. Combined erf ±1,268m² with both zoned SR1. • Gross income ±R20,450 pm (±R245,400 p.a) • Expenses ±R2,500 pm (±R30,000 p.a) • Net income ±R17,950 pm (±R215,400 p.a) Property Features: • Main House: 4 Bedrooms, communal kitchen, bathroom (shower & basin) with separate toilet room, massive enclosed wrap-around yard. • Separate Flatlet: 1 Bedroom, 1 bathroom, 1 kitchen, lounge (used as 2nd bedroom) • Self-contained servants' quarters: 1 Bedroom with en-suite bathroom (shower, toilet, basin), kitchen & lounge • Each section has separate access entry points • Parking for ±10 vehicles All tenants are on short-term leases, allowing the purchaser vacant occupation or entering long-term leases themselves. 2 Pre-paid electricity meters in place. Tenant recoveries in place. This larger-than-average multi-let property also includes ample parking space for well over 10 vehicles on-site. 2 Sets of seller conceptual plans available on request, gated community of 12 free-standing houses & secured townhouse apartment complex of 15 units. Note: Any development proposed must still follow proper planning submissions and municipal bylaws; we advise that purchasers consult their architect and town planner accordingly. Nearby main transport routes, SAPS, primary & secondary schools, religious places of worship, and recreational sports grounds and parks, to name a few. Contact Sachin today, WhatsApp or email to request OTP or registration assistance. DETAILS: • Erf no (Extent): 5376, Kleinvlei (186m²) • Erf no (Extent): 4271, Kleinvlei (1082m²) • Zoning: Single Residential 1 PAYMENT TERMS: 2.5% Deposit & 10% Auctioneers' fee (excl. VAT on fee); Payable on the fall of the hammer by means of EFT only. Balance payable on transfer. ONLINE REGISTRATION REQUIREMENTS: To bid at the auction, you need to provide a copy of your identity document and current proof of residence (not older than 3 months), as well as a R50,000 Refundable Registration Fee for Online Registration Registration fee payable via EFT only, no card payments allowed. ON-SITE REGISTRATION REQUIREMENTS: To bid at the auction, you need to provide a copy of your identity document and current proof of residence (not older than 3 months), as well as a R25,000 Refundable Registration Fee for On-site Registration. Registration fee payable via EFT only, no card payments allowed. FICA REQUIREMENTS: All relevant documentation will be required for registering on behalf of a person/entity as follows: PERSON: • Copy of your ID • Proof of residence - not older than 3 months • Bank confirmation letter (Applicable once proof of payment is sent) COMPANY: • Company Registration documents • Resolution signed by all Shareholders authorising Bidder • Copy of all Shareholders/Directors ID • Proof of Company Address - not older than 3 months • Company Tax Clearance Certificate • Bank confirmation letter (Applicable once proof of payment is sent) TRUST: • Trust Registration documents • Resolutions signed by all Trustees authorising Bidder • Copy of all Trustee's ID's • Proof of Trust Address - not older than 3 months • Trust Tax Clearance Certificate • Bank confirmation letter (Applicable once proof of payment is sent) All relevant documentation will be required for registering on behalf of a Non-Profit Organisation as follows: • Valid certificate of registration as a non-profit organisation/welfare organisation (NPO Certificate) • Section 21 company registration documents • Resolution signed by all directors/office bearers authorising Bidder • Copy of director's/office bearers’ ID's • Proof of organisation's address - not older than 3 months • Organisation's Tax Clearance Certificate/Public Benefit Organisation Certificate (PBO Certificate) • Bank confirmation letter (Applicable once proof of payment is sent) DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.