FIVE BEDROOM HOUSE WITH LOTS OF POTENTIAL
Going on Auction: Wednesday 22 May 2024
Reserve Price: R500 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)
Big five-bedroom family home that needs renovation and TLC. One-bathroom, spacious lounge and dining room and a small kitchen that needs attention. Bring your taste of flooring, painting and finishes and transform this house into your dream family home. Outside is a small back garden and a single lock-up garage. The property is currently tenanted on a month-to-month basis with a rental income of R5000.00p/m. One month exit clause notice is required. The seller disclosed serious defects to the property. The onus is on the purchaser to fix these defects. The Property is sold Voetstoots. The seller is registered for VAT.
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.
