| Charming two-bedroom apartment in secure complex. |
Going on Auction: Wednesday 26 March 2025
Reserve Price: R490 000.00 (All offers will be reviewed)
Expected Opening Bid: R485 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)
This charming two-bedroom apartment on the 12th floor offers easy access via an elevator or stairs. Security is top-notch, with fingerprint or sign-in access for peace of mind. The complex features a swimming pool, while the unit provides stunning views of Durban town and the harbour. Designed for comfort, the apartment includes built-in cupboards, ensuring a cozy and convenient living experience. Current rental income R7450.00 per month. Lease expires 27 February 2026.
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 65 m²
Building Size 65m²
Rates R528 per month
Sectional Title Levies R1,060
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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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