Secure two-bedroom townhouse.
Going on Auction: Wednesday 22 May 2024
Reserve Price: R550 000.00. (All offers will be reviewed)
Expected Opening Bid: R540 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)
Two-bedroom house. One bathroom with a separate toilet. Spacious lounge. Fully fitted open plan kitchen. Well maintained garden. Secure parking for three vehicles. Potential rental income R6 000.00 per month. Guarded twenty-four hours. The seller has disclosed a minor defect. 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.