6 Bedroom house for auction in Kensington, Cape Town

Going on Auction: Wednesday 27 January 2021

Going on Auction: Wednesday 27 January 2021
Reserve Price: R1 900 000 (All offers will be reviewed)
Expected opening bid: R1 700 000.00
Non-refundable 10% commission plus VAT over and above purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

Dual living main house divided into two houses. Each house consists with one bathroom. Open plan lounge & kitchen. Each with their own entrance. Free standing nutec house. Secure parking for six vehicles. Each unit has its own prepaid electricity & water meter. Current rental income R22 000.00 per month for all three units. Lease expires 31/12/2020.

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