| Spacious three-bedroom residence with four rental flatlets. |
Going on Auction: Wednesday 24 June 2026
Reserve Price: R3 600 000.00 (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)
Business 2 zoning unlocks endless potential and flexibility.
This exceptional investment property offers a rare opportunity to acquire a fully income-generating multi-dwelling asset with outstanding potential for both immediate returns and long-term growth. Set on a generous 1492 m² stand and zoned Business 2, the property comprises four self-contained one-bedroom flatlets and a spacious three-bedroom main residence, providing multiple income streams and flexible residential or commercial usage opportunities (subject to municipal approval). Designed for efficiency and sustainability, the property features a 10kW solar power system with 15kWh lithium battery storage, a fully operational borehole with filtration system, and backup water storage, ensuring reliable utility supply while significantly reducing operating costs. Combining strong rental income, energy independence, and future development potential, this is an ideal acquisition for discerning investors seeking a high-yield, low-maintenance asset in a well-established location.
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 1,492 m²
Building Size 424m²
Rates R2,800 per month
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Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Shanita Soobramoney
c. 082 099 4934
shanita.soobramoney@rawson.co.za
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