1 Bed Apartment in Margate

Gorgeous one-bedroom fully furnished, ground floor apartment.

Going on Auction: Wednesday 22 May 2024

Reserve Price: R465 000.00. (All offers will be reviewed)

Expected Opening Bid: R400 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)

One-bedroom apartment situated on the ground floor. One bathroom. Fitted kitchen. Open plan lounge and dining area. Communal garden with braai facilities & pool area. Secure covered parking for one vehicle and an additional visitors parking. Sold fully furnished. Potential rental income R5 500.00 per month. Vacant on transfer.

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.