ONLINE AUCTION
Bidding Start Time: Wednesday 29 October 2025 @ 09:00
Bidding End Time: Thursday 30 October 2025 @ 14:30
Registration is essential by Monday 27 October 2025.
Pre-Auction Offers may be considered. Auction Finance Available.
For more information, please contact the listing agent.
DESCRIPTION:
Large Property Offering 3 Blocks Of 4 Exclusive Apartments each.
Face brick and solid built – they are spacious 110m² apartments with each apartment offering:
• 2 Large bedrooms with built-in cupboards
• Open plan Lounge & Dinning
• Fully fitted kitchen
• Large bathroom with shower
• Full-time night patrolling security guard
• Caretaker at the property to ensure it is spotless at all times
• Very neat an well maintained block
• Must be seen to be appreciated
• Ample secured parking available
• Municipal valuation at 2023- was ±R 7.33mil
• Rental income of ±R70,950 pm or ±R 841,400 pa
• Great returns 14% gross yield
Pre-Auction offers excl. Claremart’ s fee will be considered.
DETAILS:
• Erf no: 10911, Lenasia South Ext 4
• Erf size: 1632m²
• Zoning: Residential 3
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
Lenasia South Johannesburg
