3 Bed Apartment in Buccleuch

Ideal investment opportunity, three apartments sold as one lot.

Going on Auction: Wednesday 29 January 2025

Reserve Price: R2 500 000.00 (All offers will be reviewed)

Expected Opening Bid: R2 400 000.00

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

These three duplex apartments comprise of three-bedroom, two bathrooms. Open plan lounge dining room & kitchen with a patio and private garden. Two entrances, plenty of parking, secure walls on perimeter with electric fence. These apartments can be let out separately or be converted into a guest house or Airbnb. The units need some TLC. Potential rental income R40 000.00 per month..

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.