3 Bedroom apartment for auction in Margate North Beach
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3
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Web Ref: 1314539
Property Features
Interior Features
Exterior Features
Three-bedroom apartments, with entertainment areas.
Going on Auction: Tuesday 23 September 2025
Reserve Price: R1 050 000.00. (All offers will be reviewed)
Expected Opening Bid: R950 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on the fall of the hammer (Payable by the buyer)
This is a lovely three-bedroom apartment with BIC’s. One main en-suite and one family bathroom. Open plan lounge with a dining area. Fitted kitchen with melamine tops, ample BIC’s, electrical oven and electric hob. A balcony with a sunroom, a braai space and has ocean views. Communal pool area. Potential rental income of R10 000.00 per month. Seller is not registered for Vat. Vacant on transfer.
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.
Contact the agent
Registered with the PPRA
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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