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Non-Distressed Auction Ideal for a Studio. Opening bid R1,200,000

Envision the Possibilities:

Imagine converting this space into a bustling art, dance Photographic studio, a collaborative workshop, or a cultural venue that hosts exhibitions and performances. The potential is limitless for those with a passion for the arts and a vision to bring something special to the community.

There are endless creative possibilities with this distinctive property located in the vibrant suburb of Norwood, Johannesburg. Spanning an impressive 991 square meters, this property offers a rare canvas for artists, creatives, and cultural enthusiasts to transform into a one-of-a-kind arts and culture studio.

Key Features:

Expansive Space: With 991 square meters of versatile space, this property provides ample room for a variety of artistic endeavors, from painting and sculpture to dance and multimedia exhibitions. The generous layout invites innovation and flexibility, making it ideal for a dynamic creative environment.

Unique Layout: The property's unconventional layout offers an intriguing backdrop for artistic exploration. Its open spaces and distinctive design elements are perfect for fostering creativity and crafting a space that reflects your personal vision.

Prime Location: Nestled in the artistic hub of Norwood, Johannesburg, this property benefits from a thriving cultural scene and easy accessibility. Enjoy the charm of local galleries, cafes, and cultural events, all while being centrally located in one of Johannesburg’s most eclectic neighborhoods.

Auction details:

All offers encouraged. Submit an offer to stop the auction - loan or cash. Easy process to register to bid at the auction. Online bidding and streaming available. Regular show houses to be held. Auction info available on request.
The Seller has chosen to make use of our internationally proven Luxury Non-Distressed Auction Platform For Serious Sellers

- No Buyer’s Commission
- All offers welcomed, with financing options available
- Offers Accepted prior to Auction Day
- All property reports available on request
- The seller has a Non-Disclosed Reserve Price

* Starting bid: R1,200,000
* Easy registration process for bidding
* Purchaser not liable for property arrears.
* Auction with Reserve; seller can reject bids below reserve.
* Purchaser pays purchase price and transfer costs.
* Regular show houses and private viewings on request
* Property is sold subject to confirmation by the seller.
* Compliant with Consumer Protection Act.

Features

2
2
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
1
Studies
1
Sizes
Land Size
991m²

Make an Offer

Market value

AUCTION

Offers from

R1,200,000

Highest Offer

R1,200,000

Offers for this listing must be made in R50,000 increments. More Info

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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.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

20,795.38

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