House on auction in Meer En See

Bidding to start from R1,000,000 | Live Auction: 28 May 2026 Situated in a sought-after, family-friendly area of Richards Bay, this well-maintained property offers a 3-bedroom main house alongside a separate income-generating flatlet, the property combines comfortable living with immediate rental return. The main residence is currently vacant, allowing for immediate occupation or the potential to secure an additional rental income stream. The flatlet is tenanted with a lease in place providing a stable and consistent income. Set on a secure, fully walled stand with a paved driveway and garage, the property offers low-maintenance living in a convenient location close to schools and shopping centres. Richards Bay continues to attract young families and investors seeking larger properties at accessible price points, making this an ideal acquisition in a high-demand area. Key Features: · Dual-income potential with existing tenant in flatlet · Vacant 3-bedroom main house ready for occupation or additional rental income · Secure, low-maintenance property with garage and paved access · Located in a sought-after, family-friendly area close to schools · Excellent value offering in a growing Richards Bay residential market Auction Terms and Buyer Information: • Buyer Costs: 16.5% payable on auction day (10% commission + VAT on commission + 5% deposit towards purchase price). • Registration Fee: R50,000 (live/venue bidders) | R100,000 (telephonic/online bidders).All bids constitute a legally binding offer, and the highest bidder is required to sign the Auction Sale Agreement immediately upon the fall of the hammer; failure or refusal to sign constitutes a breach and results in forfeiture of the registration deposit. The sale is subject to a reserve price unless otherwise stated. The property is sold voetstoots, as-is with no warranties or guarantees, and all bidders must provide valid FICA documentation prior to registration.