9 Bedroom house for auction in Malvern, Johannesburg
Web Ref: 1159679
FULLY LET OUT HOUSE AND COTTAGE IN SOUGHT AFTER AREA
Going on Auction: Wednesday 27 July 2022
Reserve Price: R1 300 000.00. (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).
Perfect investment opportunity awaits the new owner. This property consists of a main house and back cottage that have been converted into nine fully let out bedrooms with laminated floors and two full bathrooms. The lounge and dining rooms have been converted into bedrooms. Large kitchen has built in cupboards with a separate scullery. Safe parking available for six cars. Potential rental income is R19300.00 per month. No lease agreements in place.
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.