Auction Details
Auction venue: | Rawson Properties Head Office, 222 Main Road, Rondebosch |
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Auction date: | 22-May-24 from 10:00 to 12:00 |
One-bedroom house with four outside rooms.
Going on Auction: Wednesday 22 May 2024
Reserve Price: R700 000.00. (All offers will be reviewed)
Expected opening bid: R650 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)
Fully furnished one-bedroom house. Lounge & dining area. Fitted kitchen. Four outside rooms ideal for an additional income. Paved yard with secure parking for three vehicles. Potential rental income R9 000.00 per month.
Suspensive condition - We currently do not have access to the property for viewings. The onus is on the purchaser to evict the tenants. 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.