2 Bedroom apartment for auction in Bellair, Durban
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Web Ref: 1244001
Property Features
Interior Features
Exterior Features
SAFE AND SECURE TWO-BEDROOM GROUND FLOOR APARTMENT
Going on Auction: Wednesday 22 May 2024
Reserve Price: R520 000.00. (All offers will be reviewed)
Expected Opening Bid: R500 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)
Cozy two-bedroom apartment inside a well maintained complex. One full bathroom. Open plan lounge and dining room and a fully fitted kitchen with top built-in cupboards, built-in stove, and large table-top counter space. Outside is communal gardens, a sparkling communal swimming pool and braai area and safe parking for one vehicle. The property is currently tenanted with a lease agreement until 30 June 2024. The rental income is R5 500.00 and one month notice to vacate is required. The seller is not registered for VAT.
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
Location
Contact the agent
Registered with the PPRA
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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*based on purchase price at Prime over 20 years
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