2 Bedroom apartment for auction in Umhlanga Ridge
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Web Ref: 1304756
Property Features
Interior Features
Exterior Features
Spacious two-bedroom apartment with modern amenities.
Going on Auction: Wednesday 25 June 2025
Reserve Price: R1 550 000.00. (All offers will be reviewed)
Expected Opening Bid: R1 450 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
Two-bedrooms with BIC’s. One main en-suite. One family fitted bathroom. Open plan lounge and dining area. Deck through sliding doors, central air-conditioning. Fully fitted kitchen. Two secured basement parking added storeroom in the basement. Tenanted until the 31st of September 2025. Rental income of R9 450.00 per month. Seller is registered for VAT.
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
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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