500 m² Commercial space in Dawn

6-Unit Apartment Block | Dawn, East London

A solid income-producing property in Dawn a well-located suburb with easy access to the Wilsonia industrial area and quick links to the N2 and East London''s central areas.

The block comprises six 2-bedroom units, each tiled throughout and finished to a neat, modern standard. Every unit has its own kitchen, lounge, bathroom, and dedicated parking bay. The complex is well-maintained and move-in ready.

Currently generating R36,000 per month in rental income across all six units R6,000 per unit with consistent demand from working tenants in the area. At the opening bid, that''s a gross yield in the region of 19. Low turnover, no heavy refurbishment required, and income from day one.

At a glance:

6 x 2-bedroom units

Rental income: R36,000month

Gross yield: 19 at opening bid

Modern finishes tiled, neat, functional

Kitchen, lounge & bathroom in each unit

Own parking bay per unit

Close to Wilsonia industrial hub

Easy highway access to all major areas

Just a reminder that this sale is VAT applicable.