| Three income-generating units with outstanding investment potential. |
Going on Auction: Wednesday 29 July 2026
Reserve Price: R1 200 000.00. (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)
Unlock strong rental income from this versatile residential asset.
This income-generating residential property comprises three self-contained units, including two semi-detached two-bedroom units and one separate one-bedroom unit. Offering multiple rental income streams, the property presents an excellent investment opportunity with significant value-add potential. By bringing the units to full market-related rental value, investors have the opportunity to enhance returns and maximize income. Well suited to both seasoned and first-time investors, this property offers the potential for stable, long-term rental income and capital growth.
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 1,351 m² Building Size 277m² Rates R694 per month
|
|
Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Cagney Nienaber
c. 0670650336
cagney.nienaber@rawson.co.za
|