Property for auction
Gauteng
Randburg
President Ridge
1 Bedroom apartment for auction

1 Bedroom apartment for auction in President Ridge, Randburg

R750,000

1
1
Web Ref: 1242576

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ERF Size 57 m²

Rates R485 per month

Building Size 57m²

Sectional Title Levies R951

1 Bedroom

1 Dining Room

Security

1 Bathroom

1 Lounge

Kitchen

1 Carport

Balcony

Braai Facilities

Spacious one-bedroom apartment.

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)

Spacious one-bedroom apartment in a well-kept complex. One full bathroom. Open plan lounge & dining room leading onto the balcony. Fully fitted kitchen. Secured covered parking for one vehicle. Communal gardens with braai area as well as pool area. Current rental income R6100.00 per month lease expires 30 June 2024. This complex is close to all major amenities and public transport.

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.