Going on Auction: Wednesday 29 January 2025
Reserve Price: R300 000.00 (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
Spacious one-bedroom apartment. One family bathroom. Open plan lounge and a fitted kitchen. Current rental income R5225.00 per month, current lease expires 31 May 2025. The seller has disclosed some 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.
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