2 Bedroom townhouse - sectional for auction in Hibberdene

Fixer upper two-bedroom double storey townhouse.

Going on Auction: Wednesday 20 August 2024
Reserve Price: R350 000.00 (All offers will be reviewed)
Expected Opening Bid: R250 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 townhouse. Two full bathrooms. Independent lounge area. Two fitted kitchens. Communal gardens with built-in braai and picnic areas as well as a pool. Secure parking for two vehicles. Guarded twenty-four-hours. Potential rental income between R7 000.00 and R 9000.00 per month. Vacant on transfer. Seller has disclosed some major 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.