One-bedroom apartment. |
Going on Auction: Wednesday 28 August 2024
Reserve Price: R295 000.00 (All offers will be reviewed)
Expected opening bid: R280 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
Secure one-bedroom apartment. One bathroom. Enclosed balcony that is currently being used as a second bedroom. Spacious lounge. Fitted kitchen. Well, maintained communal gardens. Secure parking for one vehicle. Guarded twenty-four hours. potential rental income R4200.00 per month. The seller has disclosed some defects. Onus is on the purchaser to repair. The property is sold voetstoots.
Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.
ERF Size 43 m² Building Size 43m² Rates R326 per month Sectional Title Levies R1,500
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