2 Bedroom apartment for auction in Margate

Fully furnished two-bedroom, ground floor 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 ground floor. Two family bathrooms. Fully fitted kitchen leading onto the open plan lounge and dining area. Communal garden with communal braai facilities & pool area. Secure parking for one vehicle. Sold fully furnished. Potential rental income R10 000.00 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.