This is the Harcourts Certified & Transparent Luxury Non-Distressed Auction Platform.
Buyers can purchase through bond or cash finance or combination of both. All offers are encouraged. Pre-Auction Offers are welcome to stop the Auction. No Auction fee payable by purchasers. All offers must be made in writing with proof of finance - which can be a bond pre-approval certificate or bank statement.
Prime Investment Opportunity! Spacious Bachelor Apartment in Angoma Court, Lambton
Welcome to this exceptionally large 40 sqm Bachelor flat situated on the second floor of the popular and secure Angoma Court complex in Lambton. Offering fantastic space, comfort, and an unbeatable investment profile, this unit is already tenanted, making it a hassle-free addition to your property portfolio with immediate rental income.
Key Property Features:
Functional Kitchen: Neat and practical kitchen equipped with some counter space and cabinet storage.
Neat Bathroom: Featuring a shower, basin, and toilet.
Private Balcony with Views: Step out onto your private balcony — the ultimate spot to relax, unwind, and watch the planes fly by on their approach to nearby Rand Airport.
Large Open Area: Big enough for a double bed and a couch with a built-in-cupboard
Unbeatable Location & Nearby Amenities
Situated in the heart of Lambton, this property places tenants close to essential daily services, major transit routes, and local highlights:
- Shopping & Convenience: Minutes away from Lambton Gardens Shopping Centre for easy access to supermarkets, pharmacies, takeaway spots, and retail shops.
- Schools & Healthcare: Located within close proximity to reputable local primary and high schools, as well as medical clinics and private healthcare facilities.
-Transport and Access: Quick access to major arterial routes and freeways connecting to greater Germiston, Bedfordview, and Johannesburg CBD. Nearby Rand Airport also offers local dining experiences and aviation views.
Why Invest Here?
At 40 sqm, this flat offers significantly more square footage than standard bschelor apartment. Combined with its existing tenant and prime location in a sought-after Germiston suburb, it represents a secure, high-demand rental unit with great potential for long-term capital appreciation. There are several Rand Airport Trainees renting these flats.
Property Overview:
Size: 40 sqm
Status: Currently Rented out (Instant Rental Yield)
Levies: R600
Rates:R200
Parking: R120
Other approximate costs from the muncipality - these amounts will vary according to usage and mubcipal charges
Water: R235 (about 7 units)
Sanitation: R232 (uses the water to determine the amount)
Network, Demand, Fixed Charges: R548 (the additional muncipal charge levied om old buildings and tariff for being a super user)
Please note that although the bidding price starts from R180 000, the seller has indicated a reserve price - so please consider your best offer, a non-distressed auction is different as the seller does not need to sell.
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