Development for auction in Muldersdrift, Krugersdorp
Web Ref: 1155125
Beautiful Investment Property with 2 Bedroom apartments
Going on Auction: Wednesday 27 July 2022
Reserve Price: R4 000 000.00 (All offers will be reviewed)
Expected opening bid: R3 900 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
Beautiful Property situated in a prime development area in Muldersdrift. The beautiful property in situated close to one of the biggest waterparks being developed. The potential is endless as well as a great return on investment. Potential rental income R5300.00 per month per unit. The seller has disclosed original storeroom structure that was inherited when the property was subdivided and sold, is only a shell and not suitable for habitation, also no plans. One squatter name Texan residing 5m over onto our property.
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.
Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years
Our goal is to sell your property at the right price and in the shortest possible time.