|Three-bedroom family home with six income generating rooms.
Going on Auction: Wednesday 27 March 2024
Reserve Price: 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 house. One bathroom. Spacious living areas. Fitted kitchen. Six outdoor en-suite rooms. Well maintained garden. Lapa with a pool area. Secure covered parking for six vehicles. The seller has disclosed some defects. Onus is on the purchaser to repair. The property is sold voetstoots. Current rental income R40 000.00 per month. Onus on the purchaser to evict the tenants.
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.
ERF Size 991 m²
Rates R1,016 per month