| Impressisve three-bedroom hpome with expansion potential. |
Going on Auction: Wednesday 27 August 2025
Reserve Price: R2 575 000.00. (All offers will be reviewed)
Expected Opening Bid: R2 500 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on the fall of the hammer (Payable by the buyer)
This stunning three-bedroom house. One main-en suite, and one family bathroom. An independent lounge. An open plan lounge witg a dining are. A fitted kitchen, with granite tops, BIC's, free standing oven and stove. Includes staff quarters and a bathroom. Well-maiintained Garden with a open plan yard. Secured open parking for six vehicles. Property is perfectly located near the hospital, making it an ideal investment for student accommodation. This property offers generous space for expansion, allowing you to add additional units to maximize rental returns. A prime opportunity for savy investors seeking long-term growth and high demand in a strategic location. Potential rental income of R8 000.00 per month. Lease agreement is month to month basis. Property is tenanted. Seller is not registered for VAT.
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 1,465 m²
Building Size 266m²
Rates R1,350 per month
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Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Cagney Nienaber
c. 0670650336
cagney.nienaber@rawson.co.za
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