2 Bedroom Apartment in George Central

Renovate and Reap: Apartment Ready for Value-Add Strategy

This ground-floor apartment in George South is situated in George CBD, within walking distance of schools and shops. Whether youre a first-time buyer, a small family, or an investor, this apartment presents a fantastic opportunity to renovate and transform it into a comfortable, low-maintenance home in an established and central neighbourhood in George.

IMPROVEMENTS:

81m unit size

2 Bedrooms

1 Bathroom (bath, toilet, basin)

Kitchen

Living room running out onto a deck in the communal garden

1 allocated covered parking

Communal washing lines

Good security

Close, quiet community - 14 units in total

SUMMARY OF CONDITIONS OF SALE

THE HIGHEST BIDDER / PURCHASER SHALL BE BOUND TO THE FOLLOWING CONDITIONS OF SALE:

* 10% Deposit payable into the auctioneers trust account within 24 hours after the fall of the hammer.

* 7.5% + VAT buyer commission payable to the auctioneer within 24 hours after the fall of the hammer.

* Transfer duty payable on purchase price. (No transfer duty payable up to R1.1 million)

* The purchaser shall, within 30 days of acceptance of this offer, furnish the Sellers Conveyancers with an acceptable guarantee for payment of the balance of the purchase price or in cash to the conveyancers trust account.

* The sale is NOT SUBJECT to any suspensive conditions.

* All costs in respect of giving and taking of Transfer (Seller will appoint conveyancer).

* No arrear municipal rates & taxes payable by the Purchaser.

* The SELLER shall at his own cost obtain the COC''s in respect of electrical and gas installations.

* The period for higher offers ends on Thursday, 18 December 2025 @ 17:00. The seller will accept/decline the highest offer by Monday, 22 December 2025 @ 17:00.

* The seller reserves the right to accept or decline the offer at any point in time during this period.

* The highest bidder is held bound by his bid until 17:00 on Monday, 22 December 2025.

* This property is being sold subject to confirmation by the seller.

* Occupation upon registration or upon transfer.

* The property is purchased and sold voetstoots as is, and the seller shall not be liable for any defects, patent, latent, or otherwise in the property, nor for any damage occasioned to or suffered by the purchaser by reason of such defect. The Purchaser confirms that they have made the necessary enquiries with the local authority regarding the compliance or non-compliance of improvements located on the property with statutory requirements.

* The auctioneer or his agent shall be entitled to bid up to the reserve price, but not matching or exceeding the reserve at the auction on behalf of the seller or as a proxy for a registered bidder.

VIEWING:

Wednesdays, 3 & 10 December from 13:00 - 14:00

REGISTRATION REQUIREMENTS:

On-site Bidders: FICA documents (ID & proof of residential address).

Telephone Bidders (via request only): R7,000 refundable registration deposit & FICA

documents.