Luxurious four-bedroom, triple storey apartment. |
Going on Auction: Wednesday 26 February 2025
Reserve Price: R35 000 000.00. (All offers will be reviewed)
Expected opening bid: R34 000 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
The Pearls is a luxurious property on Umhlanga's main beach, offering secure access and stunning views of the pier, lighthouse, and sea. The apartment features a stylish interior with a fully equipped kitchen, a spacious dining and lounge area, and several bedrooms, each with en-suite bathrooms and impressive views. The third floor includes a separate living space with a family bathroom, kitchen, and a dining area, all with expansive city views.
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 331 m² Building Size 331m² Rates R21,603 per month Sectional Title Levies R14,000
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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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