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Mount Vernon, Mount Vernon, Durban, KwaZulu-Natal
R 950 000
Going on Auction: Wednesday 24 June 2026 Reserve Price: R950 000.00. (All offers will be reviewed) Expected Opening Bid: R910 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) Versatile property with flatlet and secure parking for seven vehicles. This versatile property offers a spacious three-bedroom main home with a family bathroom, a sunken lounge, open-plan dining area, and a well-equipped kitchen. The property also includes a separate two-bedroom flatlet with a bathroom, open-plan lounge, and kitchenette. Exterior features include a garden and secure parking for up to seven vehicles. The property offers potential rental income of approximately R10 000 per month and will be vacant on transfer. Please note that the seller has disclosed damaged roof rafters, repairs will be for the purchaser’s account, and the property is sold voetstoots. 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.
Estimated monthly repayment
R 8 971
on a R 855 000 bond over 20 years at 11.25%
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Mount Vernon, Mount Vernon, Durban, KwaZulu-Natal
Fair-value check
Good valuePriced 22% below comparable 3-bed houses for sale in Mount Vernon
Based on 16 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Kagiso Masilela
Unclaimed listing — claim it to verify
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