Description
Online Auction Details:
Starting Bid: R 420 000-00
Auction Date: Thursday, 12 March from 12h00 to 14h00
Viewing: By Appointment
This well-located freehold property at 997 Lunga Street, Twala, Katlehong is positioned on a 279m² stand and offers excellent potential for both homeowners and investors.
The main dwelling comprises two bedrooms, a comfortable living area, a functional kitchen, and a bathroom conveniently connected to one of the bedrooms.
The home is fully enclosed with boundary walls and secure gate access, providing privacy and peace of mind.
The yard is paved for low maintenance and practical everyday use.
A standout feature of this property is the six outside rooms, offering strong rental income potential.
The property also includes an outside toilet and additional storage space, making it well-suited for multi-tenant accommodation.
Conveniently situated close to schools, shopping amenities, and main transport routes, this property presents a solid investment opportunity in an established residential area.
An affordable investment with excellent income-generating possibilities.
Important Information:
– Seller will settle all outstanding Rates and Taxes.
– 6% Seller’s Commission applies.
– Seller will provide all required Certificates of Compliance (COCs).
– 10% Deposit is payable on the fall of the hammer.
– Offer is subject to a 30-day Acceptance period.
To participate in this Online Property Auction, please click the button below to start the registration process.
You’ll first be taken to the Rules of Auction, which must be read and signed.
After signing, you’ll be asked to upload the required documents. (ID Copy)
Once submitted, use the PayFast link to pay the R250-00 non-refundable admin fee.
Once your documents are submitted and payment is confirmed, you can create a username and password to log in and place bids.
