1 Bedroom apartment for auction in Umhlanga Ridge
Web Ref: 1221895
Stunning, one-bedroom upmarket apartment.
Going on Auction: Wednesday 20 December 2023
Reserve Price: R1 250 000.00. (All offers will be reviewed)
Expected Opening Bid: R1 200 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
Spacious one-bedroom apartment. One modern bathroom. Open plan lounge leading to a fully fitted kitchen. Stunning communal pool and deck area. Secure parking. Guarded twenty-four hours. Current rental income R9500.00 per month. Lease duration month to month. Exit clause is one month.
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.
Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years
Our goal is to sell your property at the right price and in the shortest possible time.