2 Bedroom apartment for auction in Forest Hill, Port Elizabeth

Newly renovated two-bedroom apartment.

Going on Auction: Wednesday 29 June 2022
Reserve Price: R550 000.00 (All offers will be reviewed)
Expected Opening Bid: R475 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)

Two-bedroom apartment. One bathroom. Lounge area that leads onto a balcony. Fitted kitchen. Secure parking. Remote controlled access. Potential rental income R4 500.00 per month. Vacant on transfer. 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. The Seller reserves the right to consider all offers.