Going on Auction: Wednesday 23 March 2022
Reserve Price: R700 000.00. (All offers will be reviewed)
Expected Opening Bid: R680 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)
Spacious three-bedroom unit. One full family bathroom & one guest toilet. Spacious open plan lounge, dining area. Fully fitted kitchen. Patio with a built-in braai area. Double garage. Current rental income R8000.00 per month. Defects & disclosures include, Kitchen window has a crack. Kitchen door not replaced, crack wall from kitchen passage, crack wall on passage wall roof near 2nd bedroom, tap missing on basin in bathroom, few tiles missing from bathtub missing, knob missing from stove, lighting bulbs not fitted in the kitchen & living room, property will be 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.
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