Studio Apartment in Sunford

6-Apartment Investment property in Phoenix

Going on Auction: Wednesday 27 May 2026

Reserve Price: R3 000 000.00 All offers will be reviewed

Expected Opening Bid: R2 850 000.00

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

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.

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