1 Bedroom Apartment in Townsend Estate

BACHELOR FLATLET WITH EXCELLENT SECURITY FEATURES.

Going on Auction: Wednesday 17 December 2025

Reserve Price: R700 000.00 All offers will be reviewed

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

LOCK-UP-AND-GO BACHELOR FLATLET WITH EXCELLENT SECURITY FEATURES.

This well-maintained one-bedroom unit, a bathroom, and an open-plan lounge and dining area, complemented by a fully functional kitchen. The unit is finished with tiled flooring throughout and includes one secure allocated parking space. Security is excellent, with an alarm system linked to a security company, burglar bars, a security gate, remote-controlled main gate access, and electric fencing. Additional conveniences include a communal washing line. Currently generating a rental income of R7,000 per month on a month-to-month lease, the unit will be vacant on transfer, making it an ideal opportunity for investors or first-time buyers.

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.