2 Bedroom apartment for auction in South Beach, Durban

R500,000
  1. 2
  2. 1.5
  3. Web Ref: 1151323
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Property Features

ERF Size 0 m²
Home Owner Levies R500

Interior Features

2 Bedrooms
1.5 Bathroom

Share block two-bedroom penthouse.

Going on Auction: Wednesday 22 June 2022
Reserve Price: R550 000.00 (All offers will be reviewed)
Opening Bid: R500 000.00 (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

Spacious two-bedroom apartment. One full bathroom and a guest toilet. Fully fitted kitchen. Guarded twenty-four hours. Private patio situated on Durban beach front with beautiful, magnificent sea views. Conveniently located on bus route. A walk across to the promenade and Ushaka. Current rental income R4800.00 per month. Lease expires 30 June 2022. Sale will be part of a share block property sale.

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. The Seller reserves the right to consider all offers.

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