Property for auction
Eastern Cape
Port Elizabeth
Summerstrand
3 Bedroom penthouse for auction

3 Bedroom penthouse for auction in Summerstrand, Port Elizabeth

R2,998,000

3
2
1
Web Ref: 1247974

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ERF Size 169 m²

Rates R1,587 per month

Building Size 169m²

Sectional Title Levies R2,384

3 Bedrooms

1 Dining Room

Security

2 Bathrooms

1 Lounge

Kitchen

1 Garage

Views

2 Parking Spaces

Garden

Spacious three-bedroom penthouse apartment with ocean views.

Going on Auction: Wednesday 22 May 2024
Reserve Price: R2 998 000.00 for the property (All offers will be reviewed)
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 apartment. Main en-suite with a dressing room & one family bathroom. Spacious open plan lounge. Dining area that leads to the bar area with sea views. Fully fitted kitchen. Single garage with remote access and secure parking for two vehicles. Potential rental income R30 000.00 per month. Vacant on transfer. Walking distance to the Boardwalk and the beach. The seller has disclosed some defects. Onus is on the purchaser to repair. The property is sold voetstoots. Seller is 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.