4 Bedroom Apartment in South Beach
Four-bedroom apartment.
Going on Auction: Wednesday 17 December 2025
Reserve Price: R550 000.00 All offers will be reviewed
Expected Opening Bid: R500 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 apartment features four bedrooms, a family, and a well-equipped kitchen. Security is comprehensive, offering burglar bars, secure card access, 24-hour standby security, and a CCTV system with large monitors overseeing each level and passageway. The property currently achieves a rental income of approximately R10,900 per month and will be vacant on transfer. It 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.
Property details
- Listing number T5293505
- Property type Apartment
- Listing date 5 Nov 2025
- Land size 71 m²
- Floor size 71 m²
- Rates and taxes R 469
- Levies R 2 249
Property features
- Bedrooms 4
- Bathrooms 1
- Built in cupboards
- Security post
- Kitchen