Block of Flats for auction in Sunford, Phoenix

Opening Offers and bids From R2 850 000.00 negotiated

6-Apartment Investment property in Phoenix

Purchasers are responsible for a 10% commission plus VAT payment on the agreed purchase price, payable to Rawson Auctions on the fall of the hammer.

Going on Auction 26 August 2026

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.

This property is offered subject to a reserve price. All bids and offers are subject to confirmation by the seller.