| UNFINISHED DOUBLE-STOREY INVESTMENT OPPORTUNITY |
Going on Auction: Wednesday 23 April 2025
Reserve Price: R1 200 000.00. (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)
This partially completed double-storey structure presents a fantastic opportunity for an investor or homeowner looking to complete a project to their own specifications. The property features separate entrances leading to multiple closed-off units within the structure, offering the potential for a multi-unit dwelling or rental income.
Key Features:
• Spacious double-storey layout
• Separate access to multiple sections of the property
• Ideal for customization to suit personal or investment needs
• Solid structural foundation with essential framework in place
• Buyer responsible for completing the project
This is a great opportunity to put your own touch on a property with strong potential. Whether for multi-family living or rental purposes, this unfinished project is ready for a visionary buyer
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 406 m²
Building Size 355m²
Rates R110 per month
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Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Ettienne de Lange
c. 0781201711
ettienne.delange@rawson.co.za
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