# 2 Bedroom house for auction in Belmont Park, Kraaifontein - **Price:** R1,000,000 - **Location:** Belmont Park, Kraaifontein - **Web Ref:** 1340746 ## Details - ERF Size 531 m² - Building Size 108m² ## Interior features - 2 Bedrooms - 1 Bathroom - 2 Lounges - Security: burglar bars ## Exterior features - 6 Parking Spaces - Garden ## Description Going on Auction: Wednesday 24 June 2026 Reserve Price: R1 000 000.00. (All offers will be reviewed) Expected Opening Bid: R900 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) Unlock potential: two-bedroom home ready for renovation and rental. This two-bedroom home is a true fixer-upper with great potential, featuring a family bathroom, guest toilet, lounge, and a kitchen area that needs to be fitted. Outdoors, it offers a spacious garden, a large fully fenced backyard, and secure parking for six vehicles. The property has burglar bars that require some repairs and a few odd tiles, with all renovations and repairs to be undertaken by the purchaser. Vacant on transfer and sold voetstoots, it presents an excellent opportunity for investors or homeowners looking to add value, with a potential rental income of R6,500 per month. 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. ## Agents - Kim Hughes — 0662337586 — kim.hughes@rawson.co.za - Moira Abrahams — 0765489715 — moira.abrahams@rawson.co.za - Tanya Jovanovski — 0799803457 — tanya.auctions@rawson.co.za ## Office - Rawson Auctions Western Cape — 079 980 3457 --- [View this property on rawson.co.za](https://rawson.co.za/property/for-auction/rawson-auctions-western-cape/1340746)