Fully functional, four-star guest lodge.
Going on Auction: Wednesday 22 May 2024
Reserve Price: R11 000 000.00. (All offers will be reviewed)
Expected Opening Bid: R10 000 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
Four-star, 17-bedroom guest lodge on a small holding close to O.R. Tambo International Airport. A private two-bedroom house. Four cottages. Beautiful large, well-maintained gardens with a koi pond & small dam. Conference facilities and a lapa with a bar area. The price includes furniture, finishes and equipment. The seller has disclosed major defects. Onus is on the purchaser to repair. The property is sold voetstoots.
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.