A substantial 2,675 m² freehold holding across two erven in Heidelberg Central, comprising a characterful main residence and a
secondary building currently used as retail/shop space, set on generous grounds. Zoned Residential 1 under the Lesedi Land Use
Scheme, the property carries a wide range of consent-use rights, including guest house, dwelling-house office, institution, and rooms-tolet, subject to Local Authority approval, alongside its existing use as a family home and small retail premises.
Classic Heidelberg architectural character with high ceilings, exposed brick, original wooden flooring and bay windows, presented in wellmaintained condition with ongoing upkeep evident across the buildings and grounds. Backed by a 10 kVA Victron-approved solar inverter
system with battery backup (24 panels, ±R212,000), a 7,500L water backup tank with pump and floating valve, and a managed
alarm/security system with zone control via cellphone. On-site parking available: 14-16 open bays and 2 covered bays (indicative), plus an
oversized automated garage with 48 m² additional storage
Executive summary
Bidding to start from
R3,500,000
Asset Class
Freehold residential/mixed-use property, Residential 1 zoning with consent-use potential
Erf 123 (Remaining Extent) and Erf 124 (Portion 2), Township of Heidelberg, Registration Division I.R., Gauteng
Erf Size
2,675 m² combined (Erf 123: 1,285 m² | Erf 124: 1,390 m²)
Gross Lettable Area (GLA)
670 m² (seller-supplied schedule, not independently measured, see Property Description)
Zoning
Residential 1 (Low-Density Single Residential), Lesedi Land Use Scheme 2025, see General Information for consent-use rights
Rates & Taxes
R51,376.44 p.a. combined
Current Occupancy
Vacant
Net Income Before Purchaser Adjustments
R507,832.08 (Projected)
Sale Method
Public Auction
Key investment highlights
✓2,675 m² freehold property across two adjoining erven in Heidelberg Central
✓Residential 1 zoning with potential for a guest house, offices or rooms to let, subject to municipal approval
✓Character main residence with high ceilings, exposed brick, wooden floors and bay windows
✓Separate retail building suitable for office, studio or consulting use, subject to approval
✓10 kVA solar inverter system with 24 panels and battery backup
✓7,500 litre water backup tank with pump and floating valve
✓Managed alarm system with cellphone zone control, gated access and a walled perimeter
✓200 Mbps fibre connectivity suitable for home office or business use
Auction Terms
Registration Fee
R25,000 refundable deposit via EFT payable prior to auction. No cash accepted.
FICA
ID, proof of residence, and letter of authority required to sign on behalf of a juristic entity.
Purchaser's Deposit
5% of purchase price payable immediately on fall of the hammer. Non-refundable.
Commission
7% + VAT over and above the bid price, payable by the purchaser. Non-refundable.
VAT / Transfer Duty
Seller VAT registered. VAT or Transfer Duty payable as applicable.
Confirmation Period
5 business days
Guarantee Period
Within 45 calendar days from acceptance
Transfer Attorney
TBA
General
CPA 2008 applies. Rules of auction available on request. Auctioneer may bid to reserve. Subject to change without notice.
In accordance with industry best practice, Aldes Auctions will present the seller with the highest bid achieved at the auction for acceptance and will not accept any counter offers during this confirmation period.