| Secure two-bedroom apartment. |
Going on Auction: Wednesday 28 August 2024
Reserve Price: R780 000.00. (All offers will be reviewed)
Expected opening bid: R750 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)
Two-bedroom apartment situated on the top floor. One family bathroom. Open plan lounge leading onto the patio. Open plan dining area. Fully fitted kitchen. Secure, covered parking for one vehicle and one visitors parking. Remote access at the entrance. Current rental income R7750.00 per month. Current lease expired 28 February 2025.
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 75 m²
Building Size 56m²
Rates R360 per month
Sectional Title Levies R1,270
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