Are you a serious investor in Delville? Do you have what it takes to make this yours?
An opportunity for the experienced investor who understands Delville, knows the area and is prepared to take on the challenges that come with unlocking value.
This freestanding 3-bedroom home offers substantial space for future additions and improvements, making it an interesting proposition for an investor looking to secure property at a significantly reduced price and add value over time.
The property is situated in an established part of Delville, Germiston, with good potential for an investor prepared to undertake the necessary work and navigate the current circumstances.
⚠️ IMPORTANT INVESTOR NOTICE
The property is currently illegally occupied and is NOT available for viewings at this stage.
Due to the current occupation, the property is being offered at a hugely reduced asking price of R890,000, reflecting the circumstances and the risks involved.
The successful purchaser will be responsible for any eviction proceedings and associated costs that may be required after registration of the property into their name.
The Certificate of Compliance (COC) will be attended to after registration into the new owner's name.
This property is therefore not suited to every buyer. It is specifically aimed at an investor who understands the Delville market, appreciates the potential of the underlying property and is comfortable taking on a project where patience, proper planning and additional investment may be required.
The property is sold with the current occupation situation fully disclosed. No physical viewings will be permitted while the property remains occupied.
Qualified and pre-approved buyers who understand and accept the circumstances can contact us for the available property information and next steps.
A challenging property – but potentially a rewarding investment for the right investor.
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Disclaimer
While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
