Studio Apartment in Wedela

Block of five-rooms with a rental income.

Going on Auction: Wednesday 08 January 2025

Reserve Price: R250 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)

Five self-contained room. Two-rooms each share a bathroom. Secure parking for six vehicles. The current rental income is R1600.00 per month per room. The seller declares that they are unaware of any major defects. The property is 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.