New Listing

4 Bedroom house for auction in Observatory, Cape Town

R2,000,000
  1. 4
  2. 2
  3. Web Ref: 1077593
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Property Features

ERF Size 167 m²

Interior Features

4 Bedrooms
1 Dining Room
1 Flatlet
2 Bathrooms
1 Lounge

Great Rental Return

Going on Auction: Wednesday 25 November 2020
Reserve Price: R2 000 000.00 (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

This four-bedroom, two-bathrooms property has recently been renovated. This house is perfectly located and close to universities, public hospitals, and shopping centers. It has its own private entrance and an additional one-bedroom Wendy house. Currently used as student accomodation for 13 Pax with a proposed rental income of R37 400.00 per month but it will be 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

Location

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