2 Bedroom apartment for auction in Margate

R550,000
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Property Features

ERF Size 77 m²
Rates R728 per month
Building Size 77m²
Sectional Title Levies R3,200

Interior Features

2 Bedrooms
1 Dining Room
Security
2 Bathrooms
1 Lounge
Kitchen

Exterior Features

1 Garage
Balcony
4 Parking Spaces
Irrigation

Two-bedroom apartment.

Going on Auction: Wednesday 18 December 2024
Reserve Price: R550 000.00 (All offers will be reviewed)
Expected Opening Bid: R500 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)

Two-bedroom apartment situated on the second floor. Main en-suite and one family bathroom. Fully fitted kitchen. Open plan lounge and dining area leading to the balcony. Communal garden. Single garage and secure parking for four vehicles. Current rental income R5 000.00 per month.

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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Cagney Nienaber
Candidate Property Practitioner
Registered with the PPRA
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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