| PRIME MULTI-DWELLING INVESTMENT OPPORTUNITY |
Going on Auction: Wednesday 23 July 2025
Reserve Price: R2 100 000.00 (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)
This income-generating property presents an excellent investment opportunity with multiple rental units already in place:
Main House: A 3-bedroom home featuring built-in cupboards, 2 bathrooms, and an open-plan kitchen. Equipped with a pre-paid electricity meter, this unit can generate an estimated rental income of R11,500 per month.
Flatlet: A self-contained 1-bedroom unit with its own kitchen and bathroom, ideal for a single tenant or student accommodation. Potential rental income is R4,500 per month.
Second Dwelling: A spacious 2-bedroom house, both rooms en-suite and fitted with air-conditioners. The home includes a modern open-plan kitchen, lounge, dining area, and a separate laundry. It also features a pre-paid meter, a covered stoep with scenic views, and access to a private swimming pool. Estimated monthly rental: R10,500.
Additional features include a 5,250L backup water tank with a pressure pump—ideal for sustainable living and tenant convenience.
This versatile property offers a total potential income of R26,500 per month, making it ideal for investors or extended families looking to live and earn in one 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 920 m²
Rates R100 per month
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Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Ettienne de Lange
c. 0781201711
ettienne.delange@rawson.co.za
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