2 Bedroom apartment for auction in Pinelands, Cape Town

Stylish two-bedroom apartment with en-suites.

Going on Auction: Wednesday 24 June 2026
Reserve Price: R2 450 000.00 (All offers will be reviewed)
Expected Opening Bid: R2 150 000.00
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 modern apartment offers two bedrooms, each with its own en-suite bathroom, an open-plan lounge and dining area, and a fully equipped kitchen. Residents have access to a communal landscaped garden, a secure parking space, and a shared braai area. The complex features comprehensive security, including an alarm system, remote access main gate with tag system, 24-hour guarding, and CCTV coverage. The unit currently generates a rental income of R13,650 per month, with a lease running until 31 January 2026, and a one-month exit notice. The seller has disclosed a crack in the pantry ceiling, with repairs to be undertaken by the purchaser, and the property is sold voetstoots (as is).

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.