| Three-bedroom family house. |
Going on Auction: Wednesday 23 April 2025
Reserve Price: R515 000.00 (All offers will be reviewed)
Expected Opening Bid: R505 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 home featuring tiled flooring throughout, a family bathroom, a lounge, and a kitchen equipped with melamine countertops and built-in cupboards. The property includes a garden and secure parking for up to three vehicles. Security features consist of burglar bars. Currently, the house generates a rental income of R3,000 per month under a month-to-month lease. Proceeds from the sale are intended to clear outstanding property rates. Onus is on the purchaser to evict the current tenants.
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 162 m²
Rates R258 per month
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Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Sonia Thomas
c. 061 424 1982
sonia.thomas@rawson.co.za
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