Build your portfolio with three income-generating flatlets.
Going on Auction: Wednesday 29 July 2026
Reserve Price: R900 000.00 All offers will be reviewed
Non-refundable 10 commission plus VAT over and above the purchase price to Rawson Auctions on the fall of the hammer Payable by the buyer
A developer''s dream with approved plans and rental potential.
his exceptional investment opportunity features an existing foundation slab, approved building plans, and three partially completed open-plan flatlets, each comprising a versatile living area, kitchen setup, and bathroom. With the potential to generate multiple rental income streams once completed, the property offers an ideal opportunity for developers or hands-on investors seeking to add value and maximise returns. Positioned on a secure, fully walled plot, this property provides an excellent head start for those ready to complete the project and unlock its full 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 propertys market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.