2 Bedroom Apartment in Durban CBD

Two-bedroom apartment.

Going on Auction: Wednesday 17 December 2025

Reserve Price: R450 000.00 All offers will be reviewed

Expected Opening Bid: R425 000.00

Non-refundable 10 commission plus VAT over and above purchase price to Rawson Auctions on fall of the hammer Payable by the buyer

This modern and well-maintained apartment offers two bedrooms, a family bathroom with bath and basin, and a separate guest toilet. The spacious open-plan lounge and dining area open onto an enclosed patio. Small kitchen area. Security is a top priority with burglar bars, a security gate, a biometric access system, and 24-hour manned security. The property currently earns a rental income of approximately R4,800 per month on a month-to-month lease and will be vacant on transfer. The seller has disclosed that the guest toilet seat and cover are missing, which will be replaced prior to transfer. The property is sold voetstoots, offering a solid investment or comfortable home in a secure environment.

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 property''s market value, nor the amount the property is likely to be sold for on the day of the auction