| Spacious three-bedroom apartment with great rental potential |
Going on Auction: Wednesday 27 August 2025
Reserve Price: R800 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)
This three-bedroom, one-bathroom apartment offers comfortable living with a lounge, dining room, and a kitchen fitted with melamine countertops and built-in cupboards. Outdoor features include a small private garden, a lock-up garage, a braai area, and access to a communal pool. Security is well covered with burglar bars and a remote-controlled access gate. The property is expected to generate a rental income of approximately R7,000 per month and will be vacant upon transfer. Please note that the apartment is sold voetstoots (as is), and minor repairs are needed, including fixing the bath tap, one kitchen cupboard, and the lounge flooring. Additionally, there is no oven or fitted carpets included in the sale.
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 82 m²
Building Size 82m²
Rates R218 per month
Sectional Title Levies R1,771
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Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Pulane Mampuru
c. 061 549 2316
pulane.mampuru@rawson.co.za
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