#3 • #3 • Unit 3 - Sonop

Part of Gqeberha Residential Portfolio - 5 x Apartments (timed auction by Auction Station)

Starting at R175,000.00

Status: Available

Unit 3 - Sonop Overview: This sectional title unit in the Sonop complex produces rental income and suits an investor or a first-time buyer. It is let at R4,700 per month and comes with a parking bay, in a convenient North End location close to the CBD and major routes. Property features: Section 3, Sonop (SS 51/1988), North End, Nelson Mandela Bay Unit size: 56 m² 2 bedrooms 1 bathroom Open-plan lounge and kitchen Parking bay Currently tenanted at R4,700 per month Title Deed: ST8184/1999CTN Location: Unit 3, Sonop, Corner Kirkwood & Cawood Streets, North End, Gqeberha, 6001 Monthly costs (approximate): Levies: ±R2,200 Rates and taxes: ±R470 Call Tayne on 071 501 6905 or Jayme on 071 660 7069 Please Note: All bids are exclusive of Buyer’s Commission and VAT thereon. The Seller is not a registered VAT vendor, and no VAT is added to the successful Bid Price. A 10% Buyer’s Commission, plus VAT thereon, calculated on the successful Bid Price, is payable to Thompson Prop. Example: If the successful bid is R100,000, the total payable will be: R100,000 Bid Price + R10,000 Buyer’s Commission + R1500 VAT = R111,500 Total Purchase Price. The Total Purchase Price excludes transfer duty, conveyancing fees and all other transfer-related costs, which are payable by the Purchaser. All bids are subject to Seller confirmation within 7 (seven) calendar days of the auction closing. Bids remain irrevocable and binding on the bidder during this period.