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Residential Investment Opportunity in Vredehoek

Investors opportunity to own three apartments in Seymour, 15 Seymour Avenue, Vredehoek.

An opportunity for the residential property investor to acquire three apartments of a total of six units in the block will become available at the ClareMart Auction Group’s Multiple Investment and Commercial Auction at the Radisson Hotel, Waterfront, at the end of February. “The three units in Seymour, on Seymour Avenue, Vredehoek, are to be sold as one lot and are currently tenanted and hold exciting possibilities for the investor’” says Auctioneer, Garth Viljoen.

Unit 1 offers the investor one bedroom and a bathroom with open plan living area and kitchen. There is a large balcony and the unit is sold with a double garage. “There is potential to create a four bedroom apartment with laundry and two bathrooms in this unit, pending the approval of plans” says Viljoen. Units 3 and 5 are two bedroom apartments with two balconies each and both units each have one bathroom and open plan living areas. The two units share three open bays. “There is the potential here for sectionalizing all units and the current rental totals approximately R28 500” says Viljoen.

“There are excellent sea, city and mountain views from these three units and with their location in popular Vredehoek they are in close proximity to the CBD, City Bowl schools and popular Vredehoek eateries and amenities” adds Viljoen.

The auction of the apartments at Seymour, 15 Seymour Avenue will take place at the Multiple Investment and Commercial auction at the Radisson Hotel on Tuesday, February 28 at 12:30 pm. To view the units and for more information contact Garth Viljoen on 021 425 88 22 or visit www.claremart.co.za