Going on Auction: Wednesday 30 October 2024
Reserve Price: R2 100 000.00. (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)
NON-DISTRESSED SALE BY VOLUNTARY AUCTION IN WELL SOUGHT VANGUARD ESTATE.
Just listed by Rawson Auctions National. An opportunity for the discerning investor in well sought Vanguard Estate. The main house is perfect for the average sized family offering 3 bedrooms with separate family bathroom and toilet. A fair-sized sunny lounge is complimented by a modern open plan kitchen which is fully fitted and great for hosting. The income generating one bedroom flatlet and a bachelor’s flat is situated at the back of the property allowing required privacy.
All units have its own electricity dispensers.
Vanguard Estate offers all conveniences of easily accessible civic amenities.
All units are tenanted with an income of R19 500.00pm. Tenants are aware that the property is being sold.
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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