Developer's Dream For Sale by Non-Distressed Auction, Bidding to start from R1,750,000

Harcourts Certified Non-Distressed Auction | Transparent, Market-Driven

This property is offered through the Harcourts Non-Distressed Auction Platform — a transparent, structured, and voluntary sales method selected by the seller as an alternative to the traditional listing process.

* Live online auction
* Bidding opens from R1,750,000
* Auction date: 2 July 2026 (unless sold prior)
* Pre-auction offers welcome — standard cash or bond offers may be submitted at any stage and, if accepted in writing, may result in the auction being cancelled
* No buyer’s commission payable | No deposit required to participate
* All available due diligence documentation available prior to bidding
* Seller to provide compliance certificates and pay for municipal clearances (settle all outstanding amounts) prior to transfer
* Multiple viewing opportunities available prior to auction
* Undisclosed reserve price applies and is higher than the opening bid
* All bids/offers below reserve remain subject to seller approval

The seller is not under financial pressure and has chosen this process to encourage transparency, competitive bidding, and true market value discovery.

Opportunities like this are exceptionally rare.

This is not simply a property; it is a blank canvas for a visionary investor or developer looking to unlock substantial value. With commercial use and Residential Zoning 3A, multiple income-generating possibilities, and a versatile layout, the potential is limited only by imagination.

Ground Floor – Commercial & Retail Potential:
The lower level offers a substantial open-plan commercial space with excellent exposure and flexibility. Originally designed for business and retail use, it can accommodate a wide range of applications, including retail showroom, professional offices, medical suites, training centre, church or place of worship, educational facility, student accommodation conversion, or residential redevelopment.

The generous floor area provides a strong foundation for a high-yield investment project.

Additional Income Opportunity

At the rear of the property are five garages, providing secure parking, storage solutions, or potential additional rental income.

Upper-Level Residence:
Above the commercial space is a spacious apartment featuring three bedrooms, two bathrooms, a private office or study, a well-appointed kitchen, open-plan lounge and dining area, an expansive entertainment area, built-in bar, and jacuzzi.

This space can be retained as premium owner’s accommodation, used for executive rental purposes, or integrated into a larger redevelopment strategy.

Endless Development Possibilities:
With its substantial footprint, the property supports a range of redevelopment options, including student accommodation, residential apartments, mixed-use commercial and residential development, church or medical and professional suites, co-working or business hub, or a boutique hospitality venture.

Properties with this level of flexibility and redevelopment potential seldom come to market.

For the investor with vision, this is an opportunity to transform an underutilised asset into a landmark development with significant long-term returns.

The potential is untapped. The possibilities are extensive.