3 Bedroom Apartment / flat on auction in Sea View

Details

Going on Auction: Wednesday 24 June 2026 Reserve Price: R800 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) Income-generating apartment with secure complex living. This modern three-bedroom apartment offers comfortable and secure living, a main en-suite, and a family bathroom. The home boasts an open-plan lounge and dining area and a well-appointed kitchen. The unit includes secure covered parking for two vehicles, access to a communal braai area and swimming pool, and is situated in a secure complex. The property generates a current rental income of R11 000 per month through room-by-room leasing and operates on month-to-month agreements, making it an attractive investment opportunity. 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 property’s 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.

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