Suggested Opening Bid: R8 000 000
Exclusive Auction Mandate!
Prime 5-Unit Double-Storey Townhouse Complex – Fully Let Investment Opportunity
Location: Amiel Park
Close to amenities, schools & transport routes
Erf Size: 3,695 m² | Unit Size: ±200 m² each
Rental Income: R50,000 per month | R600,000 per annum
Purchase Options
• Buy Individual Units – R1,950,000 per unit
• Buy the Entire Complex – R10,000,000
Property Overview
A rare opportunity to acquire a modern, fully let 5-unit double-storey townhouse complex in a strong rental area. The property offers immediate income, secure living, and long-term investment stability.
Set on a spacious 3,695 m² erf, each unit features quality finishes, generous open-plan living, and low-maintenance design, ensuring consistent tenant demand.
The complex currently generates R600,000 in annual gross rental income, making it an ideal turnkey investment for both individual buyers and investors seeking a complete income-producing asset.
Each Unit Features
• 3 Bedrooms (main en-suite)
• 1 Full communal bathroom
• Fully fitted kitchen with granite countertops
• Built-in stove and oven
• Porcelain tiles throughout
• Open-plan lounge and dining area
• ±200 m² spacious layout
Additional Complex Features
• Inverter system
• Electric fencing and electric entrance gate
• Prepaid electricity and water
• 10 Covered carports
• Security room at entrance
• Separate servant’s quarters
• Outdoor braai area with garden views
• Decorative fountain
Location Highlights
• Walking distance to shops, pharmacy, and fast-food outlets
• Close to primary and secondary schools
• Easy access to main roads and public transport
Investment Summary
• 5 fully let units
• R600,000 gross rental income per annum
• Secure, low-maintenance complex
• Strong rental demand area
• Option to buy individual units or the entire complex
Secure Your Investment Today
Whether purchasing a single unit or the full complex, this property offers excellent location, solid rental income, and long-term investment value.
Contact us today to arrange a private viewing.
All offers are encouraged. Submit an offer to stop the auction - loan or cash. Easy process to register to bid at auction. Auction via Online Bidding on our Website. Viewings can be arranged.
The Seller has chosen to make use of our nationally proven Non-Distressed Auction Platform For Serious Sellers.
Full Finance Options Available
Offers Accepted prior to Auction Day
All property reports available on request
The seller has a Non-Disclosed Reserve Price
Seller to arrange compliance certificates and rates clearance certificate for buyer
Auctioneers fee is payable over and above the purchase price. Subject to confirmation.