3 Bedroom house for auction in Mandela Park, Khayelitsha

Newly renovated three-bedroom house.

Going on Auction: Wednesday 27 July 2022
Reserve Price: R950 000.00. (All offers will be reviewed)
Expected Opening Bid: R920 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)

Secure three-bedroom house. Main en-suite, one bathroom with a separate toilet. Spacious open plan living areas with a fully fitted kitchen with a separate entrance. Single garage and secure parking for three vehicles. Built in braai. Potential rental income R5000.00. Vacant on transfer. The seller has disclosed that the property is subject to an encroachment. (Neighbour’s wall has gone over seller’s boundary).

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.