House for auction in Strandfontein, Mitchells Plain

R1,785,000
  1. 3
  2. Web Ref: 1118777
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Property Features

ERF Size 299 m²
Rates R117

Interior Features

3 Bathrooms

UNFINISHED FOUR-BEDROOM DOUBLE STOREY HOUSE WITH GRANNY FLAT.

Going on Auction: Wednesday 29 September 2021
Reserve Price: R1 900 000.00 (All offers will be reviewed)
Expected opening bid: R1 785 000.00
Non-refundable 10% commission plus VAT over and above purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)  

UNFINISHED FOUR-BEDROOM DOUBLE STOREY HOUSE WITH GRANNY FLAT.
Once the building is completed the main house will consists of; four-bedrooms. Main en-suite, one shared bathroom and a separate toilet. Open plan lounge & kitchen. Potential rental income once completed will be approximately R10 000.00 per month for the main house. There is also a completed granny flat with a current rental income of R4000.00 per month. Current lease expires 31 January 2022. Onus is on the seller to complete the property.

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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