Studio Apartment in Sunford

Secure & stylish block of flats perfect for investors.

Going on Auction: Wednesday 17 December 2025

Reserve Price: R3 600 000.00 All offers will be reviewed

Expected Opening Bid: R3 500 000.00

Non-refundable 10 commission plus VAT over and above purchase price to Rawson Auctions on fall of the hammer Payable by the buyer

Located in the popular suburb of Sunford, this secure and modern building offers six self-contained flats, comprising two bachelor flatlets and four two-bedroom units. The bachelor flatlets provide an ideal space for singles, while the two-bedroom units are bright and airy, each leading onto a private balcony. All units are fully tiled and fitted with prepaid water and electricity meters, ensuring convenience and easy management. Rental income: currently R45,000 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 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