Going on Auction: Wednesday 28 May 2025
Reserve Price: R415 000.00. (All offers will be reviewed)
Expected Opening Bid: R380 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)
One-bedroom apartment. One family bathroom and a guest toilet. Open plan lounge. Fully fitted kitchen. Secure covered parking for one vehicle. Potential rental income: R5500.00 per month. 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.