2 Bedroom apartment for auction in Muizenberg, Cape Town

IDEAL INVESTMENT PROPERTY!!!

Going on Auction: Wednesday 27 January 2021
Reserve Price: R965 000.00 (All offers will be reviewed)
Expected opening bid: R920 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)

Beautiful two-bedroom ground floor apartment. One family bathroom. Open plan lounge & fully fitted kitchen. Sliding doors leading to the communal gardens. One secure parking. The complex also offers a clubhouse & communal pool area. The current rental income is R7000. 00 per month. Close to all major amenities.

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