Going on Auction: Wednesday 26 February 2025
Reserve Price: R1 400 000.00. (All offers will be reviewed)
Expected opening bid: R1 350 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
Stunning double storey house, separated into three parts. Upstairs boasts of four spacious bedrooms and two bathrooms. Downstairs are split into two bachelor flatlets. Big garden with loads of potential. Double lock-up garage and ample secure parking. Potential rental income R15 000.00 per month. Vacant on transfer. Seller 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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