| Three-bedroom house with two flatlets ideal for student accommodation. |
Going on Auction: Wednesday 26 March 2025
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)
Three-bedroom house. One family bathroom. Basic lounge. One two-bedroom cottage and bachelor flatlet. Garden with loads of potential. Carport that can accommodate two vehicles. Potential rental income R17 000.00 per month. Vacant on transfer. The seller has disclosed some defects. Onus is on the purchaser to repair. 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 291 m²
Building Size 148m²
Rates R493 per month
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Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Angelina Polizzi
c. 0685991359
angelina.polizzi@rawson.co.za
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