| Two-bedroom apartment. |
Going on Auction: Wednesday 27 August 2025
Reserve Price: R550 000.00 (All offers will be reviewed)
Expected Opening Bid: R510 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)
This well-maintained apartment offers comfortable and convenient living with two spacious bedrooms and a full family bathroom. The open-plan layout includes a combined lounge and dining area, seamlessly connected to a fully fitted kitchen. Outside, the property includes a single garage along with secure parking for an additional vehicle. Security is enhanced by remote-controlled access through the main gate. The apartment is currently tenanted with a monthly rental income of R5,000, with the lease valid until 31 January 2026 and a two-month notice exit clause in place.
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 76 m²
Building Size 76m²
Rates R400 per month
Sectional Title Levies R1,900
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Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Dewald Wahlstrand
c. 0820968250
dewald.wahlstrand@rawson.co.za
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