Please first read the following regarding an insolvent estate sale:
1. Before making an offer on an insolvent estate please ensure you have a 10% deposit available and will be able to obtain a bond/ guarantee for the balance of the purchase price 30 days after acceptance. 10 % will be refundable if offer is not accepted.
2. All outstanding rates and taxes/ levies, up to acceptance is for the account of the seller.
3. 1% Interest is payable per month from the date of acceptance until date of registration on the balance of the purchase price except if the purchase is a cash deal.
4. Acceptance date is on the date the trustees of the estate issues us with a signed contract of relevant documentation.
5. The Purchaser is responsible for the transfer and bond costs. The Seller nominates the transferring attorney but the Purchaser utilize own bond attorney.
Reasonable offers are welcome for possible consideration. Property sale will be facilitated via auction basis.
About the property:
Discover an exceptional investment opportunity with this versatile commercial/residential property in the sought-after suburb of Morninghill, Bedfordview. Situated on a generous 1,983 m² erf with an impressive 803 m² under roof, this property offers excellent potential as a guesthouse, boutique accommodation, corporate lodge, or residential investment.
The property features 12 spacious en-suite bedrooms, providing comfort and privacy for guests or residents, along with 17 secure parking bays to accommodate visitors with ease.
Perfectly positioned for convenience, the property is just minutes from Eastgate Shopping Centre, O.R. Tambo International Airport, and the Gautrain Sandton Station, offering easy access to major transport routes, business hubs, shopping, dining, and essential amenities.
This is a rare opportunity to secure a spacious, income-generating property in one of Johannesburg's most desirable locations. Contact us today to arrange a private viewing.
Please refer to code 261 when enquiring about this property