# Block of Flats for auction in Chartwell, Randburg

- **Price:** R5,000,000
- **Location:** Chartwell, Randburg
- **Web Ref:** 1350601

## Details

- ERF Size 8,560 m²
- Building Size 742m²
- Rates R2,200 per month

## Interior features

- 7 Bathrooms
- 1 Dining Room
- 6 Lounges
- Security: alarm, burglar bars, security doors, Security Post
- Kitchen: open plan

## Exterior features

- 6 Carports
- 6 Parking Spaces
- Patio: covered patio
- Braai Facilities: open braai area
- Garden

## Description

Going on Auction: Wednesday 29 July 2026
Reserve Price: R5 000 000.00. (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 six rental streams from one exceptional property.

Exceptional investment opportunity in the highly sought-after Chartwell area, offering immediate income and outstanding future development potential. Set on an expansive 8,560m² stand with valuable dual road frontage, this income-producing property comprises six fully tenanted residential units generating a gross monthly rental income of approximately R50,900. The property provides investors with a secure, established revenue stream while presenting significant opportunities for future expansion or redevelopment. Ideally positioned near Fourways, Broadacres, Lanseria International Airport, leading schools, shopping centres, and medical facilities, this is a rare chance to secure a high-yield asset in one of Johannesburg’s most desirable growth corridors.

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.

## Agents

- Shanita Soobramoney — 082 099 4934 — shanita.soobramoney@rawson.co.za
- Tanya Jovanovski — 0799803457 — tanya.auctions@rawson.co.za

## Office

- Rawson Auctions Gauteng — 0799803457

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[View this property on rawson.co.za](https://rawson.co.za/property/for-auction/rawson-auctions-gauteng/1350601)