Going on Auction: Wednesday 29 September 2021
Reserve Price: R550 000.00. (All offers will be reviewed)
Opening Bid: R480 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)
Secure two-bedroom apartment. One bathroom. Fully fitted kitchen. Spacious lounge leading onto the balcony. Double Secure cover parking for two vehicles. Current rental income R5500.00 per month.
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 propertys 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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