| Cozy one bedroom apartment. |
Going on Auction: Wednesday 26 February 2025
Reserve Price: R950 000.00. (All offers will be reviewed).
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
One bedroom apartment. One main en-suite. Open plan lounge and a fully fitted kitchen. Secured communal parking. Burglar bars on all windows. Building has CCTV available at reception area. Rental income is R8560.00. Excellent investment opportunity in heart of Cateway attractive lease income. Extra storage is also added. Current tenants lease will vacate end of February 2025. The owner has disclosed some defects. The property is sold voetstoots. The owner is on the purchaser to repair..
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 40 m²
Building Size 40m²
Rates R882 per month
Sectional Title Levies R1,399
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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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