3 Bedroom Apartment / Flat On Auction in Ballitoville

Going on Auction: Wednesday 28 May 2025

Reserve Price: R1 430 000.00 (All offers will be reviewed)

Expected Opening Bid: R1 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)

Well-maintained three-bedroom apartment. Main ensuite and one family bathroom. It features a kitchen with built-in cupboards, a spacious lounge with air conditioning, and a patio for outdoor entertainment. The apartment offers a comfortable and inviting living space. Situated on the first floor. Current rental income R11 000.00 per month. Lease expires 30 September 2025.

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.