| Two-bedroom family home with three income-generating units. |
Going on Auction: Wednesday 25 June 2025
Reserve Price: R2 000 000.00 (All offers will be reviewed)
Expected Opening Bid: R1 800 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
This versatile multi-unit property offers a unique investment opportunity, featuring a main house with two bedrooms, a full family bathroom, and an open plan living, dining, and kitchen area. Additionally, three separate units: a one-bedroom flatlet with a kitchen and bathroom, a one-bedroom unit with an en-suite, lounge, and separate kitchen, and a two-bedroom unit with its own bathroom. Set within a lush garden adorned with mature fruit trees, the property includes a garage that can accommodate up to three vehicles, ample secure parking, and added extras like a JoJo tank, high ceilings, and large windows that fill the spaces with natural light. With a current combined rental income of R15,000 per month and all tenants on month-to-month leases. Sold voetstoots, some minor repairs and unapproved interior alterations will be the responsibility of the purchaser.
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 1,308 m²
Rates R999 per month
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Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Moira Abrahams
c. 0765489715
moira.abrahams@rawson.co.za
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