Studio Apartment in Braamfontein
Secure studio apartment with open-plan living & rental income potential.
Going on Auction: Wednesday 17 December 2025
Reserve Price: R280 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
This studio-style apartment offers an open-plan bedroom, a full bathroom, and open-plan living areas, along with a fully fitted kitchen. The unit includes secure basement parking arranged through the body corporate and forms part of a highly secure building equipped with 24-hour guarding, controlled building access, biometric access at the main gate, burglar bars, and CCTV throughout all common areas. The property will be vacant on transfer and offers an expected rental income of approximately R4 500 R5 500 per month.
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.
Property details
- Listing number T5330825
- Property type Apartment
- Listing date 10 Dec 2025
- Land size 30 m²
- Floor size 30 m²
- Rates and taxes R 372
- Levies R 2 304
Property features
- Bedrooms 0
- Bathrooms 1
- Lounges 1
- Open parking 1
- Access gate
- Built in cupboards
- Security post
- Kitchen
On Auction
- Wed 17 Dec 10:00 Location: Rawson Properties Head Office, 222 Main Road, Rondebosch