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Great opportunity for the new investor.
R 650,000
Can I afford this?14 Photo(s)
5 months ago195 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):9865
Description
Going on Auction: Wednesday 22 May 2024
Reserve Price: R700 000.00. (All offers will be reviewed)
Expected Opening Bid: R650 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)
Newly painted, vacant, 2nd floor unit in an established complex in prime Thornton.
It offers 2 fair sized bedrooms with bics; family bathroom; an airy open plan lounge and
kitchen with bics. The complex is known for it’s diverse and care for all occupants and is
perfect for the first time young professional. Easy access to public transport and a walk away from Old Mutual hub. Vacant on transfer.
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.
Property Reference #: 1200675
Agent Details:
Tanya Jovanovski
Rawson Properties Rawson Auctions Western Cape
222, Main Road, Cape Town, Rondebosch, Western Cape
Reserve Price: R700 000.00. (All offers will be reviewed)
Expected Opening Bid: R650 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)
Newly painted, vacant, 2nd floor unit in an established complex in prime Thornton.
It offers 2 fair sized bedrooms with bics; family bathroom; an airy open plan lounge and
kitchen with bics. The complex is known for it’s diverse and care for all occupants and is
perfect for the first time young professional. Easy access to public transport and a walk away from Old Mutual hub. Vacant on transfer.
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.
Property Reference #: 1200675
Agent Details:
Tanya Jovanovski
Rawson Properties Rawson Auctions Western Cape
222, Main Road, Cape Town, Rondebosch, Western Cape
Id Subtitle 1245607588
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Estimated monthly repaymentR 7,045
Total property loan amountR 650,000
Total interestR 1,040,584
Total repaymentR 1,690,584
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Rawson Properties Rawson Auctions Western Cape
Selling for 3+ years
Total Ads15
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