1 Bedroom Apartment in Grand Central
Well-appointed one-bedroom apartment with excellent security.
Going on Auction: Wednesday 17 December 2025
Reserve Price: R470 000.00 All offers will be reviewed
Expected Opening Bid: R300 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
This spacious one-bedroom apartment, a family bathroom, and an open-plan lounge and dining area. Open plan fully fitted kitchen. Outside, residents enjoy a beautifully maintained communal garden, secure covered parking, visitors parking, a communal braai area, and a pool with a kiddies pool. Security is excellent with 24-hour guarding, CCTV, electrical fencing, secure gated access, and burglar bars. The property currently generates rental income of R5,200 per month, with the lease running until 30 June 2026.
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 T5323619
- Property type Apartment
- Listing date 3 Dec 2025
- Land size 44 m²
- Floor size 44 m²
- Rates and taxes R 833
- Levies R 830
Property features
- Bedrooms 1
- Bathrooms 1
- Lounges 1
- Dining areas 1
- Covered parking 2
- Access gate
- Alarm
- Built in cupboards
- Fenced
- Pool
- Security post
- Kitchen
- Garden
- Electric fencing
On Auction
- Wed 17 Dec 10:00 Location: Rawson Properties Head Office, 222 Main Road, Rondebosch