Studio Apartment in Ennerdale

Opening Offers and bids From R9 000 000.00 negotiated

Investment opportunity: 28 modern flats with rental potential.

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 30 September 2026

Twenty-eight flats, modern finishes, secure parking a prime investment opportunity.

This well-maintained block of flats comprises twenty-eight units, each offering two to three bedrooms, one bathroom, and an open-plan kitchen and lounge with melamine countertops and built-in cupboards BICs. The interiors feature a combination of laminated and tiled flooring, while the exterior includes a fully paved yard and secure parking for tenants. The property is equipped with burglar bars and 24-hour guarded security, ensuring safety and peace of mind. With a potential rental income of R80 000 per month and vacant possession on transfer, this property presents an excellent income-generating investment opportunity.

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