Smallholding for auction in Potchefstroom Rural

Two-bedroom double storey house on the riverbank.

Going on Auction: Wednesday 29 January 2025
Reserve Price: R1 750 000.00 (All offers will be reviewed)
Expected Opening Bid: R1 700 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

River frontage property situated on the banks of the Vaal River for the nature lovers. Haven of tranquility. Unsurpassed river views. Ideal for the Weekend getaway or holiday accommodation. Thatched cottage situated between trees in a parklike setting. Location close to all amenities in Potchefstroom. Potential caravan/camping site. Potential rental income R8 500.00 per month. 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.