2 Bedroom apartment for auction in Uvongo Beach, Margate
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Web Ref: 1294904
Property Features
Interior Features
Exterior Features
Investment opportunity: Furnished two-bedroom apartment with sea views
Going on Auction: Wednesday 23 April 2025
Reserve Price: R 590 000.00
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 fully furnished second-floor apartment offers stunning sea views from the balcony. It features two-bedroom with BIC’s. Main ensuite. Fully fitted family bathroom. Open plan lounge and dining area. Open plan modern kitchen. The complex provides excellent security, basement parking, and a communal pool. Located just blocks from Uvongo Beach and restaurants, it’s perfect for coastal living. A 12-month rental agreement in place. Rental income is R6500.00 per month. Tenanted. Lease duration ends the 30 March 2025.
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.
Location
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Registered with the PPRA
Registered with the PPRA
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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