Invited Opening Bid R 700 000
Bidder Security free
Register Date 12 November
Bidding Opens 12:00 (GMT +2)
Bidding Closes To be Confirmed
Book Viewing
This sale is Subject to Confirmation by the parties involved.
House in Boksburg North
The Purchaser is required to acquaint themselves with the property and all matters related thereto including but not limited to its condition.
Please ensure that you familiarise yourself with the Conditions of Sale,Rules of Auction, and all other legal documentation available under the "Legals " tab below.By registering and placing a bid,you acknowledge that you have read and understood these documents and agree to be bound by their terms and conditions.
VIEWING BY APPOINTMENT ONLY:
Great Investment Opportunity in High Demand Rental Market
This property presents an exceptional investment opportunity, fully rented out with strong demand in the rental market. Featuring 8 rooms, 2 bathrooms, and 1 studio, it generates a monthly income of R 18,000.
Key Features:
- Fully Rented: Instant cash flow with all units occupied.
- High Demand Location: Situated in an area with a growing rental market, ensuring continued interest from tenants.
- Potential for Value Increase: The property requires some TLC, providing the opportunity to enhance its value and increase rental rates over time.
This is a perfect opportunity for investors looking to expand their portfolio or enter the rental market with a solid income-generating asset. Don’t miss out on the potential for future growth!
Additional Details
A 10 % deposit is due and payable by the highest bidder once bidding has closed.