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Mthatha, Mthatha, Mthatha, Eastern Cape
R 1 156 950
Opening Offers and bids From R12 500 000,00 negotiatedSpacious income-generating property with multiple flats and pool.Purchasers are responsible for a 10 commission plus VAT payment on the agreed purchase price, payable to Rawson Auctions on the fall of the hammer.Going on Auction 30 September 2026This exceptional income-generating property features a spacious four-bedroom main house with two en-suite bathrooms, an open-plan lounge and dining area, and a well-equipped kitchen with modern finishes. In addition to the main residence, the property includes seven self-contained flats and a bachelor unit, each offering comfortable living spaces with kitchens, bathrooms, and lounges, providing strong rental potential. Outdoor amenities include a swimming pool with a surrounding garden, a wooden deck and braai area, and secure parking for four vehicles. Additional features include Jo-Jo tanks, burglar bars, and remote access to the main gate. Please note: the property is sold voetstoots, with disclosed defects in the septic system and no approved plans for the flatlets.This property is offered subject to a reserve price. All bids and offers are subject to confirmation by the seller. Show more Show less
Estimated monthly repayment
R 10 925
on a R 1 041 255 bond over 20 years at 11.25%
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Mthatha, Mthatha, Mthatha, Eastern Cape
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
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