Bachelor Apartment for auction in Buccleuch, Sandton

Bachelor apartment in secure complex.

Going on Auction: Wednesday 28 August 2024
Reserve Price: R495 000.00 (All offers will be reviewed)
Expected Opening Bid: R430 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)

Bachelor apartment. One bathroom. Open plan kitchen and lounge area. Communal gardens with picnic areas as well as children’s play area. Communal built-in braai areas as well as a communal pool. Fully secure guarded twenty-four-hours. Current rental income R3800.00 per month. Vacant on transfer.

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.