11 Bed House in Piet Retief

INVESTMENT OPPORTUNITY TO OWN THREE SEPARATE HOUSES ON ONE ERF

Going on Auction: Wednesday 29 January 2025

Reserve Price: R5 200 000.00. (All offers will be reviewed)

Expected Opening Bid: R5 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)

An investor''s dream opportunity! This property boasts three stunning, spacious homes, each offering modern comforts and incredible value. Two of the homes feature 4 bedrooms and 2 bathrooms, while the third has 3 bedrooms and 2 bathrooms, providing ample space for families. Each home is equipped with a gas and electric hob, an alarm system, and a servants room with its own bathroom for added convenience. The communal patio is perfect for entertainment, and 5000liter Jo-Jo tanks ensures water efficiency. With its prime combination of space, style and functionality, this is a must-see investment with endless potential. The properties are currently tenanted without a lease agreement in place and the onus is on the purchaser to evict the tenants. No access for viewings or photos at present.

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.