2 Bedroom Apartment / flat on auction in Point

Going on Auction: Wednesday 29 July 2026 Reserve Price: R1 050 000.00. (All offers will be reviewed) 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 two-bedroom apartment, perfect for living or earning rental income. This bright and airy apartment features two spacious bedrooms, a generous bathroom, and a separate toilet, complemented by an open-plan lounge and dining area with recessed ceilings and large windows offering stunning ocean views. Fully fitted kitchen. Security is excellent, with burglar bars on all windows, security gates on the front door, controlled remote access to the main gate, and CCTV cameras on each floor. The property offers secure parking for one vehicle, is vacant on transfer, and presents strong rental potential of R7,000 per month, with the seller declaring no major defects. 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.