Going on Auction: Wednesday 28 May 2025
Reserve Price: R 980 000.00. (All offers will be reviewed)
Expected Opening Bid: R 850 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
This charming duplex features an open-plan lounge and dining area with a well-appointed kitchen. The upstairs area includes two carpeted bedrooms and a family bathroom. Outside, enjoy a small garden, patio, and secure parking for one vehicle. Security features include burglar bars, security gates, and remote access to the main gate. Currently tenanted on a month-to-month lease with a rental income of R8000.00 per month the property is sold "voetstoots" (as is) and will be vacant upon 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.
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