2 Bedroom Apartment / flat on auction in North Beach

Going on Auction: Wednesday 26 August 2026 Reserve Price: R825 000.00. (All offers will be reviewed) Expected Opening Bid: R770 000.00 Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer) Secure, low-maintenance living in a well-managed complex. This neat and secure two-bedroom apartment offers comfortable, low-maintenance living with an open-plan lounge and dining area, a well-equipped kitchen, as well as a bathroom with a bath and basin and a separate toilet. Residents enjoy the convenience of remote-controlled access, CCTV surveillance, and 24-hour guarded security, while parking can be arranged at an additional monthly cost. With a potential rental income of approximately R7,000 per month and vacant occupation on transfer, this property presents an excellent opportunity for both investors and owner-occupiers. Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers