2 Bedroom Apartment in Braamfontein

Two-bedroom apartment.

Going on Auction: Wednesday 17 December 2025

Reserve Price: R590 00 000.00. All offers will be reviewed

Expected Opening Bid: R570 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 apartment, one-bedroom has a balcony. One family bathroom, one guest toilet. Open plan lounge and dining area. Fully fitted kitchen. Underground parking arranged by the body corporate. Fingerprint access, security post and CCTV systems. Property comes with private balcony. Potential rental income of R7 500.00 per month. Property is tenanted. First lease agreement expires the 28th of February 2026, the second lease expires the 31st of May 2026. Seller has disclosed minor defects to the property. Onus is on the purchaser to repair. 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.