11 Geranium Mansions, 39 Garden St, Rosettenville, Gauteng, South Africa
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Auction
- South Africa
- Apartment
- Residential
Invited Opening Bid R400 000
Book Viewing
Property Summary
- This sale is Subject to Confirmation by the parties involved
- 11 Geranium Mansions, 39 Garden St, Rosettenville, Gauteng
- Unit extent: 97sqm
- Levies: Approx R2 700 per month incl water
- Rates: R324 pm
- The Purchaser is required to acquaint themselves with the property and all matters related thereto, including but not limited to its condition, location, and any improvements thereon.
- The Purchaser must further familiarise themselves with the terms and conditions applicable to this Lot by clicking on the Legal tab below.
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Property description
High Rental Yield | Large Rooms | Investment Opportunity
Property Features
• 3 Bedrooms
• 1 Bathroom
• Kitchen
• Large lounge area
Extras
• 1 Parking bay
• Well-sized apartment with generous room proportions
Investment Highlights
• Potential rental income: R8,100 per month
• Strong rental demand area
- Current tenants are on a month to month lease
Location
• Geranium Mansions
• Close to main transport routes, schools & amenities
Location
Rosettenville is a working-class suburb in the south of Johannesburg, known for its diverse community, affordable housing, and close proximity to the CBD.
Accommodation
Four bedrooms, One bathroom
Additional Details
A 10% deposit and 5% auctioneers fee (plus VAT on fee) is due and payable by the highest bidder once bidding has closed. See Legal tab for Special Conditions.
Please note: All legal documents can be viewed by clicking on the ‘Legals’ tab above, in order for you to carry out due diligence in relation to the property. By doing so, this will also ensure that you are continuously updated regarding any pricing changes on the property prior to auction.
VAT
Additional Information
The purchaser is required to provide the Certificates of Compliance
Helpful links
*Terms & Conditions
No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.
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You're the highest bidder
You will receive an email from our team shortly to outline the next steps.
If you have purchased a property in the UK or Ireland, you'll need to pay the remainder of your deposit via My Account.
You're the highest bidder!
As this sale is subject to confirmation, we will be in touch within the confirmation period to let you know if your bid has been accepted by the vendor.
If you have any questions in the meantime, we're here to help: