1 Bedroom apartment auctioned in Maitland, Cape Town

A cozy one-bedroom apartment in secure complex.

Going on Auction: Wednesday 24 July 2024
Reserve Price: R400 000.00 (All offers will be reviewed)
Expected opening bid: R390 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)

Centrally located one bedroom apartment is registered for 2 adults and 1 child. It consists of an open plan lounge / dining room / kitchen area, a family bathroom, one bedroom and is tiled throughout. The kitchen is fitted with a hob & under counter oven and is plumbed for a washing machine. It is fitted with ample BIC’s and a stainless-steel sink. Both electricity and water are supplied by prepaid meters. An alcove off the passage allows for a standard size fridge. The family bathroom has a toilet, hand basin, bath with a telephone shower unit and an extractor fan. The passage leads to the bedroom which has BIC’s, space for a double bed, a view of Table Mountain and is kissed by the afternoon sun. The owner will be repainting the entire apartment and carrying out the necessary repairs. The apartment currently has tenants, but the lease expires in January 2025. The access-controlled apartment block is within walk distance of Voortrekker Road and close to all amenities and schools.

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.