| Spacious income-generating property with multiple flats and pool. |
Going on Auction: Wednesday 24 June 2026
Reserve Price: R15 000 000.00 (All offers will be reviewed)
Expected Opening Bid: R13 500 000.00
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 exceptional income-generating property features a spacious four-bedroom main house with two en-suite bathrooms, an open-plan lounge and dining area, and a well-equipped kitchen with modern finishes. In addition to the main residence, the property includes seven self-contained flats and a bachelor unit, each offering comfortable living spaces with kitchens, bathrooms, and lounges, providing strong rental potential. Outdoor amenities include a swimming pool with a surrounding garden, a wooden deck and braai area, and secure parking for four vehicles. Additional features include Jo-Jo tanks, burglar bars, and remote access to the main gate. Please note: the property is sold voetstoots, with disclosed defects in the septic system and no approved plans for the flatlets.
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 23,876 m²
Rates R3,100 per month
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Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Zwelonke Nduli
c. 082 744 6463
zwelonke.nduli@rawson.co.za
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