5 Bedroom house for auction in Glenwood, Durban

Five-bedroom triple storey house with a guest cottage.

Going on Auction: Wednesday 22 May 2024
Reserve Price: R4 100 000.00. (All offers will be reviewed)
Expected Opening Bid: R4 000 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

Five-bedroom house. Two en-suites and four bathrooms. Formal lounge and family room. Formal dining room as well as an entertainment area. Fully fitted kitchen. Basement with a walk in safe and wine cellar. Guest cottage with a bathroom and kitchenette. Garden with a pool and braai area. Three garages & secure parking for two vehicles. Staff quarters with two rooms. Fully secure. Potential rental income R35 000.00 per month. Vacant on transfer.

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.