8 Bed Apartment in Port Elizabeth Central

PROPERTY CONSISTING OF FOUR FLATS.

Going on Auction: Wednesday 27 November 2024

Reserve Price: R1 600 000.00. (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)

PROPERTY CONSISTING OF FOUR FLATS. NEEDS TLC.

Block of flats consisting of four flats each with two bedrooms. One bathroom. Spacious lounge, dining area. kitchen with pantry. Single garage. Some of the flats we do not have access. Property sold voetstoots. Potential rental income R5000.00 per flat, per month. Month to month lease.

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.