3 Bedroom apartment for auction in Margate

R1,450,000
  1. 3
  2. 2
  3. Web Ref: 1251669
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Property Features

ERF Size 6,074 m²
Rates R1,257 per month
Building Size 124m²
Sectional Title Levies R2,527

Interior Features

3 Bedrooms
1 Lounge
Kitchen
2 Bathrooms
Security
House Levels

Exterior Features

1 Carport
Braai Facilities
Balcony
1 Parking Space
Views

Fully furnished three-bedroom apartment with magnificent sea views.

Going on Auction: Wednesday 24 July 2024
Reserve Price: R1 450 000.00 (All offers will be reviewed)
Expected Opening Bid: R1 400 000.00
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 three-bedroom apartment. Two full bathrooms. Fully fitted kitchen. Open plan lounge and dining area. Balcony with stunning views of the sea. Communal garden area with a built-in communal braai facilities & pool area. Secure parking for one vehicle and secure additional visitors parking. Potential rental income R8 500.00 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.

Location

Contact the agent

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Tanya Jovanovski
Principal Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

222 Main Road, Rondebosch

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