# Block of Residential Flats for auction in Park Rynie, Scottburgh

- **Price:** POA
- **Location:** Park Rynie, Scottburgh
- **Web Ref:** 1362437

## Details

- ERF Size 5,573 m²
- Building Size 615m²
- Rates R4,379 per month

## Interior features

- 16 Bathrooms
- 8 Dining Rooms
- 8 Lounges
- Security: security fencing
- Kitchen: granite tops, open plan, stove & oven
- House Levels: double storey

## Exterior features

- Patio: open patio
- Braai Facilities: built-in braai
- Views: sea
- Balcony: open

## Description

Sale includes eight build units and approved plans for additional 17 units.

Purchasers are responsible for a 10% commission plus VAT payment on the agreed purchase price, payable to Rawson Auctions on the fall of the hammer.

Going on Auction 30 September 2026

Amazing investment opportunity with a current rental income R40 500.00 per month and a potential rental income of R108 000.00 per month once the additional 17 units gets build with the approved plans in place. Each of the units are double storey with two bathrooms, open living areas & fitted kitchens. Patio with built-in braai areas. Beautiful, manicured lawns and stunning sea views. The premises has a borehole that switches on from 12pm – 5pm daily. Secured with electric fencing and high walls.

This property is offered subject to a reserve price. All bids and offers are subject to confirmation by the seller.

## Agent

- Cagney Nienaber — 0670650336 — cagney.nienaber@rawson.co.za

## Office

- Rawson Auctions Western Cape — 079 980 3457

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[View this property on rawson.co.za](https://rawson.co.za/property/for-auction/rawson-auctions-western-cape/1362437)