Going on Auction: Wednesday 27 October 2021
Reserve Price: R610 000.00. (All offers will be reviewed)
Opening Bid: R600 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)
Two-bedroom apartment. One full bathroom. Open plan lounge & dining room. Fitted kitchen. Secure parking for one vehicle. Current rental income R2800.00 per month. Current lease expires end December 2021.
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 propertys 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.
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