3 Bedroom apartment for auction in Parktown, Johannesburg

Spacious apartment ideal for students or investors.

Going on Auction: Wednesday 27 July 2022
Reserve Price: R1 000 000.00 (All offers will be reviewed)
Opening Bid: R950 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)

Three-bedroom apartment. One bathroom with a separate toilet. Spacious open plan lounge & dining area. Fitted kitchen. Secure parking for one vehicle. Well maintained communal gardens. Guarded twenty-four hours. Potential rental income R6 000.00 per month. Vacant on transfer. The sellers have disclosed that there are five cracked windows. That there is dampness. Cracked tiles in the passage. Cistern cover is cracked. Warn cupboard door surfaces in main bedroom. The onus is on the purchaser to repair. The property will be 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.