2 Bedroom apartment for auction in Kenilworth, Cape Town

Going on Auction: Wednesday 27 January 2021

Going on Auction: Wednesday 27 January 2021
Reserve Price: R1 300 000.00 (All offers will be reviewed)
Expected opening bid: R1 100 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

Lockup & Go!!!
Secure Two-Bedroom Ground-floor apartment. Open plan Lounge & fully fitted Kitchen. One Family Bathroom. Communal Pool, Clubhouse, and Laundry Room. Includes a single secure parking bay for exclusive use and additional parking for visitors. Well-maintained complex with controlled access and 24/7 on-site security in Kenilworth. A mere 5min walk away from Kenilworth Center’s Shopping Mall and close to all other major amenities.

Current rental income R8,250.00 per month. Lease expires 31 January 2021.

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