| Stunning large house subdivided into three income generating flatlets. |
Going on Auction: Wednesday 27 November 2024
Reserve Price: R1 200 000.00. (All offers will be reviewed)
Expected opening bid: R1 150 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
Stunning large house subdivided into three flatlets. Completely safe and secure, good area. This property holds a lot of potential. Garden has space to build a pool and an entertainment area. There is a backup water Jo-Jo tank. Current rental income R17 000.00 per month for all three flatlets. Month to month lease. Vacant on transfer. The seller has disclosed some defects. The onus is on the purchaser to do the repairs. The property is sold voetstoots.
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.
ERF Size 2,304 m²
Rates R1,355 per month
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Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Danielle Oosthuizen
c. 0829605357
danielle.oosthuizen@rawson.co.za
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