1 Bedroom house for auction in Athlone, Cape Town

One-bedroom house.

Going on Auction: Wednesday 28 August 2024
Reserve Price: R500 000.00 (All offers will be reviewed)
Expected Opening Bid: R420 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)

SALE BY VOLUNTARY AUCTION – ALICEDALE, ATHLONE.
Calling all ambitious investors. A one bedroomed property to be sold by Rawson Auctions National.
The property requires TLC throughout but presents all the potential for a good investment.
Alicedale is well sought with key location. All major civic amenities are a step away.
NB: Estate Late Property; Executor appointed; LOE in place; POA appointed
ONUS ON THE BUYER TO EVICT OCCUPANTS SHOULD THEY STILL RESIDE 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.