# Block of Flats for auction in Sunford, Phoenix

- **Price:** R3,000,000
- **Location:** Sunford, Phoenix
- **Web Ref:** 1347026

## Details

- ERF Size 450 m²
- Rates R3,329 per month

## Interior features

- 6 Bathrooms
- 4 Dining Rooms
- 4 Lounges
- Security: alarm, automated perimeter gate, burglar bars, security doors

## Exterior features

- 4 Parking Spaces
- Balcony: open

## Description

Going on Auction: Wednesday 24 June 2026
Reserve Price: R3 000 000.00 (All offers will be reviewed)
Expected Opening Bid: R2 850 000.00
Non-refundable 10% commission plus VAT over and above purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)  

This great investment opportunity, located in a quiet road in the suburb of Sunford, boasts six secure and modern self-contained apartments, two bachelors, which are perfect for single living, as well as four, airy 2-bedroom units, with private balconies.   All are fully tiled and fitted with both electrical and water pay-as-you-go meters, as well as heat-pumps to all 2-bedroom units. Rental income: currently R37,000 per month, with the current lease expiring 1 April 2026, making this a perfect blend of modern comfort and smart investment potential.

Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein.  A &quot;Reserve Price&quot; is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property&#039;s market value, nor the amount the property is likely to be sold for on the day of the auction

## Agents

- Claire Williams — 072 012 5531 — claire.williams@rawson.co.za
- Tanya Jovanovski — 0799803457 — tanya.auctions@rawson.co.za
- Zwelonke Nduli — 082 744 6463 — zwelonke.nduli@rawson.co.za

## Office

- Rawson Auctions Western Cape — 079 980 3457

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[View this property on rawson.co.za](https://rawson.co.za/property/for-auction/rawson-auctions-western-cape/1347026)
