4 Bed House in King Williams Town

Four-bedroom family house with a 2514sqm vacant erf sold as one lot.

Going on Auction: Wednesday 29 January 2025

Reserve Price: R1 350 000.00. (All offers will be reviewed)

Expected Opening Bid: R1 100 000.00

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

Four-bedroom family home. Family sized lounge and dining room. Kitchen area. Large garden with huge potential. Tandem garage that can accommodate four vehicles. Ample secure parking. Built-in braai on the verandah. Current rental income R15 000.00 per month. Month-to-month lease. Vacant on transfer. Added bonus 2514sqm vacant erf.

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.