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1 BEDROOM LOFT APARTMENT IN PAARL NORTH RESIDENTIAL PROPERTY AUCTION IN PAARL NORTH, WESTERN CAPE AUCTIONED BY BIDX1

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PAARL NORTH - RESIDENTIAL PROPERTY, INVESTMENT PROPERTY

1 BEDROOM LOFT APARTMENT IN PAARL NORTH

DESCRIPTION:

Invited Opening Bid R680 000

Bidding deposit R12 500 *fully refundable if unsuccessful bidder

Property Summary

This sale is Subject to Confirmation by the Parties involved

Unit 57 De Oude Werf, 5 Skool Street, Paarl North

Scheme No: 428/2004

Extent: 43sqm

Levies: R1 175 per month

Rates: R350 per month

FEATURES:

1 Bedroom with built in cupboards 

1 Bathroom with shower only (en suite)

Open plan kitchen and living area

Pre paid electricity

1 x undercover parking bay

Secure complex

This property is being sold with the current tenant and lease in place which will expire in 10 months.

Current rental income of R5 600 per month 

10% Deposit as well as a Buyers Commission of 2% plus VAT will be applicable

Please note: All legal documents can be viewed by clicking on the ‘Legals’ tab above, in order for you to carry out due diligence in relation to the property. By doing so, this will also then ensure that you are continuously updated regarding any pricing changes on the property before the auction.


 
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