Bachelor Apartment for auction in Sibaya Precinct, Umhlanga
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Web Ref: 1342737
Property Features
Interior Features
Exterior Features
Stylish studio apartment with pool & covered parking.
Going on Auction: Wednesday 29 July 2026
Reserve Price: R995 000.00 (All offers will be reviewed)
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 studio apartment offers an open-plan lounge with space for a small dining area, a fully equipped kitchen. The bathroom includes a toilet, shower, basin, and vanity, while tiled flooring and air-conditioning add comfort throughout. Residents enjoy a communal garden, allocated covered parking for one vehicle, and access to a communal pool. Security features include remote access to the main gate via keypad, a biometric garage entrance. The apartment is vacant on transfer and has a potential rental income of R9,500 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.
Location
Contact the agent
Registered with the PPRA
Registered with the PPRA
Registered with the PPRA
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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*based on purchase price at Prime over 20 years
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