3 Bed House in Woodlands

SALE BY VOLUNTARY AUCTION 3 B/ROOM PROPERTY/4 RENTAL UNITS IN WOODLANDS

Going on Auction: Wednesday 26 February 2025

Reserve Price: R999 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)

Non distressed sale by voluntary auction in the greater Woodlands! Great location and great

potential! A great addition to your investment portfolio or how you choose to explore this very viable

opportunity. A thorough revamp and personal touch will secure your return on this investment.

Consisting of a 3-bedroom house and 4 neatly arranged rental units, ROI is around 16% with one unit

vacant. The panhandle could accommodate for 2-3 cars once fenced. Very loyal tenants are aware

that the property is being sold.

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.