2 Bedroom Apartment in South Beach

Two-bedroom apartment.

Going on Auction: Wednesday 17 December 2025

Reserve Price: R400 000.00 All offers will be reviewed

Expected Opening Bid: R390 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 two bedrooms, a family bathroom, a small lounge and dining area, and a kitchen. Security is well-established, including burglar bars, card access, 24-hour standby security, and a CCTV system with large monitors covering each level and passageway. The property currently generates a rental income of approximately R6,000 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.