Bachelor apartment in Sibaya Precinct

Stylish studio apartment with pool & covered parking.

Going on Auction: Wednesday 17 December 2025

Reserve Price: R1 200 000.00 All offers will be reviewed

Expected Opening Bid: R1 190 000.00

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 modern studio apartment offers an open-plan lounge with space for a small dining area, a fully equipped kitchen. The bathroom includes a toilet, shower, basin, and vanity, while tiled flooring and air-conditioning add comfort throughout. Residents enjoy a communal garden, allocated covered parking for one vehicle, and access to a communal pool. Security features include remote access to the main gate via keypad, a biometric garage entrance. The apartment is vacant on transfer and has a potential rental income of R9,500 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.