ONLINE AUCTION
Bidding Start Time: Wednesday 25 February 2026 @ 09:00
Bidding End Time: Thursday 26 February 2026 @ 14:30
Registration is essential by Monday 23 February 2026.
Pre-Auction Offers may be considered. Auction Finance Available.
For more information, please contact the listing agent.
DESCRIPTION:
Investment Opportunity: 6 x 2-Bedroom Units For Sale in Klein Drakenstein, Paarl
Address: 7 Frans Road, Klein Drakenstein, Paarl
Total Units: 6 x 2-bedroom apartments
This fully tenanted multi-unit property presents an excellent investment opportunity in the heart of Klein Drakenstein, Paarl. The property consists of six well-maintained 2-bedroom units, each with its own entrance, offering strong rental income potential and solid returns.
Key Features:
• 6 x 2-bedroom units
• All units feature kitchens, living areas, and bathrooms
• Prepaid electricity meters
• Prepaid Water
• Ample on-site parking
• Low-maintenance design
• Fully tenanted with steady rental income
• Currently generating ±R45,500.00 pm
• Approved Plans and Occupancy Certificate available on request.
• Located in a quiet residential area with easy access to schools, transport routes, and local amenities
Ideal for savvy investors seeking a stable income-generating asset in a growing area with long-term upside potential.
Contact us today to schedule a viewing or to request a rental income breakdown and more financial details.
DETAILS:
• Erf no: 12965, Paarl
• Erf size: 505m²
PAYMENT TERMS:
2.5% Deposit & 10% Auctioneers fee (excl. VAT on fee); Payable on the fall of the hammer by means of EFT only. Balance payable on transfer.
REGISTRATION REQUIREMENTS:
To bid at the auction you need to provide a copy of your identity document and current proof of residence (not older than 3 months) as well as a R20,000 refundable registration fee.
DISCLAIMER:
The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.
Property Address
Klein Drakenstein, Paarl, Western Cape
