Going on Auction: Wednesday 26 February 2025
Reserve Price: R550 000.00 (All offers will be reviewed)
Expected Opening Bid: R500 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 second floor. Main en-suite and one family bathroom. Fully fitted kitchen. Open plan lounge and dining area leading to the balcony. Communal garden. Single garage and secure parking for four vehicles. Current rental income R5 000.00 per month.
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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