Deceased EstateEstate Late Ebrahim Essa SulemanMasters Reference No. 011759/2018Extent: 1 713 m | 1 Main dwelling | 4 Individual units | Almost fully let | Projected Gross Annual Income: R414K.This property consists of 1 main residential dwelling as well as Individual units. The main dwelling comprises of bedrooms one of which has an en-suite, kitchen, open plan lounge and dining, and 1 general bathroom with lock-up garage.The individual units are made up of 3 x 2 bedroom units and 1 x bachelor apartment. Units 2, 3 & 4 consist of 2 bedrooms with an en-suite bathroom as well as general bathroom and open plan kitchen and dining. Unit 1 is the Bachelor apartment and comprises of 1 bedroom. 1 General bathroom with open plan kitchen and dining.The Main dwelling as well as units 1, 3 & 4 are presently let and generate a gross monthly income of R 28 000. Unit 2 is presently vacant however if let the Gross Monthly income would increase to R34 500The subject property is located on Donnelly Road within the greater bluff region and is surrounded by the suburbs Wentworth, Clairwood, Brighton Beach and is close to the industrial node of Mobeni . The area comprises some commercial activity, however it is essentially a residential node with middle to up-market freehold dwellings.Neighborhood centers are positioned in the immediate area, some at major road intersections. The property is situated within close proximity to all public facilities and amenities offered by the greater Bluff area and all within a short driving distance. These include The Bluff Mall, The Bluff Shopping Centre, Bluff Country Club, Glenardies Primary School, Grosvenor Boys and Girls High Schools..The property has convenient access to the Metro Route (M7) that links up with Edwin Swales VC Drive, which gives access to Jacobs Industrial Node and north onto Durbans Central Business District. Easy access to the M4 via Quality Street can be obtained as well. Viewing: 20 October 2018 from 10h00 to 11h00To participate in this physical auction each bidder has to follow the registration procedures.
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