3 Bedroom house for auction in Umbilo, Durban

SECURE THREE BEDROOM CITY LIVING HOUSE

Going on Auction: Wednesday 22 May 2024
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)

City Living at its best. Secure three-bedroom house, one full bathroom, open plan lounge and living room and a beautiful farm style kitchen. Wooden flooring through-out. Single lock up garage as well as secure parking available for four extra vehicles. Close to all amenities and schools, shops and bus routes are all within five minutes walking distance. Currently tenanted with a lease agreement expiring 31 October 2024. The rental income is R12 000.00 per 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.