2 Bedroom apartment for auction in Wynberg, Cape Town

R700,000

2
1
Web Ref: 1152668

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ERF Size 72 m²

Rates R272

Building Size 72m²

Sectional Title Levies R1,820

2 Bedrooms

1 Lounge

Kitchen

1 Bathroom

Security

2 Parking Spaces

Garden

Two-bedroom apartment

Going on Auction: Wednesday 22 June 2022
Reserve Price: R700 000.00 (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

Two-bedroom apartment. One bathroom. Spacious open plan lounge. Fully fitted kitchen. Well maintained garden. Secure cover parking for two vehicles at an additional cost. Potential rental income is between R8000.00 & R8500.00 per month. The owner has declared that there is water damage & mould by the back door & wall. Slight mould on the bathroom ceiling. Water damage on the back door. The property is sold voetstoots.

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