Going on Auction: Wednesday 26 February 2025
Reserve Price: R1 520 000.00. (All offers will be reviewed)
Expected opening bid: R1 500 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
SPACIOUS THREE-BEDROOM HOME WITH EXPANSION POTENTIAL.
This house sits on a spacious stand with ample room for expansion. Three-bedrooms. Family bathroom. Open plan lounge and dining area. Fitted kitchen. Five outside rooms with toilet. Tenanted. Rental income R4000 per month. Lease: 12 months. Exit clause: one month notice. Vacant 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.
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