Property for auction
Gauteng
Soweto
Bram Fischerville
2 Bedroom house for auction

2 Bedroom house for auction in Bram Fischerville, Soweto

R750,000

2
1
Web Ref: 1239258

Enquire Send via email Download PDF Online Bidding

ERF Size 300 m²

Rates R180 per month

2 Bedrooms

1 Lounge

Security

1 Bathroom

3 Flatlets

5 Parking Spaces

Two-bedroom house with three bachelor flatlets

Going on Auction: Wednesday 22 May 2024
Reserve Price: R750 000.00 (All offers will be reviewed)
Expected Opening Bid: R700 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)

Two-bedroom house. One bathroom. Spacious lounge & kitchen area. Three bachelor flatlets each with kitchenettes & bathrooms. Big yard with secure parking for five vehicles. The seller has disclosed major defects. Onus is on the purchaser to repair. The property will be sold voetstoots. Current rental income R8 700.00 per month for the main house. Month to month lease. Vacant on transfer. Potential rental income R3 900.00 per month for the flatlets. Vacant on transfer.

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.