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Property Auction: 15 Residential Units & 4 Undeveloped Erven

Property Auction: 15 Residential Units & 4 Undeveloped Erven

11oct(oct 11)8:00 am18(oct 18)11:00 amProperty Auction: 15 Residential Units & 4 Undeveloped ErvenOnline Auction

Event Details

Are you in search of a unique investment opportunity in Rustenburg, South Africa? We are excited to announce an online property auction.

The auction includes 15 residential units and 4 undeveloped erven. These properties are in the area of Boitekong Ext. 12 area, Rustenburg.


Online Auction Details:

Bids Open: 11 October 2023 at 08:00 AM
Bids Close: 18 October 2023 from 11:00 AM

Viewing: Strictly by appointment
Property Address: Tlou Street, Boitekong Ext. 12


Property Description:

This unique property auction consists of various immovable property, all bundled together as one lot:
• 2 x 2-Bed Simplex Units
• 1 x 3-Bed Simplex Unit
• 6 x 2-Bed Duplex Units
• 6 x Studio Apartments
• 4 x Undeveloped Erven

Note: The above will be sold as 1 lot

This investment opportunity is ideal for various real estate plans. You can use it to generate income from existing homes or for future development.


Terms & Conditions:

To participate in this auction, please note the following terms and conditions:

  1. Registration Fee: A registration fee of R20,000 is required.
  2. FICA Documents: Ensure you have your FICA documents ready for the registration process.
  3. Deposit: A 10% deposit is payable upon the fall of the hammer.
  4. Buyer’s Commission: A 10% buyer’s commission plus VAT is payable upon the fall of the hammer.


For any inquiries or to schedule a viewing, please contact us at 086 144 4242.

A chance to purchase 15 residential units and 4 undeveloped erven as one lot in Boitekong Ext. 12, Rustenburg is available at this property auction.


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Time

11 October 2023 8:00 am - 18 October 2023 11:00 am(GMT+02:00)