| Income-generating property with ten self-contained units. |
Going on Auction: Wednesday 27 August 2025
Reserve Price: R1 500 000.00. (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)
Exceptional income-generating property perfectly located near South View Mall with quick access to Rosslyn, comprising ten modern, self-contained units each with a private shower, toilet, and kitchen, including two spacious two-room units ideal for small families. Set within a secure, well-maintained compound with robust security, this partially tenanted property delivers immediate, reliable rental income with strong potential to maximise returns.
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.
ERF Size 203 m²
Rates R1,500 per month
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Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Cagney Nienaber
c. 0670650336
cagney.nienaber@rawson.co.za
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