GOING ON AUCTION! MULTI-FAMILY RESIDENTIAL COMPLEX. RESIDENTIAL PROPERTY AUCTION IN BELLEVUE EAST, JOHANNESBURG, GAUTENG AUCTIONED BY FIRZT REALTY

This property going under the hammer in Bellevue is a multi-family residential complex, consisting of a block of 5 flats, a cottage and an extra room.

Key features
The property includes 5 individual sectional flats, each designed to provide comfortable private space for tenants. These flats offer a mixed layout including 3 beds and 4 balconies.

Income Yield
The property generates a steady gross income of R35 000 per month from the flats and boasts a yield of 18-20%

Nearby Amenities
Engine Yeoville motors, Yeoville South African Police Service, Velamfundo Primary School, Faeriedale Shopping Center, University of Johannesburg Doornfontein Campus

Given the attractive yield and consistent gross income, this property presents a lucrative investment opportunity. The property is located in a desirable area to appeal to potential tenants.


Auction Details:

Type: OFF-SITE, ONLINE & TELEPHONIC
Auction Venue: Firzt Realty Company, 44 Glenhove Road, Melrose Estate, Johannesburg.
Property Address: 117 Bekker Street, Bellevue East.
Date: Thursday, 16th November 2023.
Time: 12:30 pm

Registrations open 1hr prior to the start of the Auction.
Special viewings upon request.

For Online or Telephonic Registrations, Auction Rules and T's & C's, please see our Auctions drop down tab on our website.

• Property includes 5 individual sectional flats.
• Cottage and extra room.
• Property generates a steady gross income of R35 000 p/m.
• Close to various conveniences.