1 Bedroom Apartment / flat on auction in Point

Bidding to start from R1,500,000 | Live Auction: 08 September 2026 • Unit sizes range from 44m² to 56m² • 5x 1-bedroom units • Sectional title units • All units are being as sold as 1 investment • Strong rental demand and well run financially sound body corporate • Ideal investment property for buy-to-let investors • Building has biometric access control measures in place and security • 500m from China Mall • 850m from Golden Mile Beach 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.