3 Bedroom house for auction in Rowallan Park, Port Elizabeth

2 X 3 BEDROOM HOUSE CURRENTLY BEING USED AS A SUPERMARKET.

Going on Auction: Wednesday 27 November 2024
Reserve Price: R1 800 000.00 (As one lot) (All offers will be reviewed)
Individual: R899 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)

2 x 3-bedroom house currently being used as a supermarket. Properties can be sold
individually or as one lot.
2 X 3 BEDROOM HOUSE CURRENTLY BEING USED AS A SUPERMARKET.
Two houses on one erf. Currently be used as a supermarket. The property is zoned vacant land. The onus is on the purchaser to rezone. The business is not included in the sale.
House description: Three-bedrooms. Two bathrooms. Spacious open plan lounge and dining area. Incomplete kitchen.
Current rental income R10 000 per month per house. Month to month lease in place. One month notice.


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.