Auction Information

Auction ID 04-3241

Property Information

Property Features

4 x Full Title Cluster Units (Entire Complex)
±300m² Under Roof per Unit
Stand Sizes: ±250m² – 280m² per Unit
Double-Storey, Face Brick (Low Maintenance)
3 Bedrooms per Unit (Main En-Suite)
2.5 Bathrooms per Unit
Open-Plan Lounge, Dining & Kitchen
Private Gardens for Each Unit
Fully Let – Long-Term Leases in Place
High-Demand Rental Node (New Redruth, Alberton)
Full Title – Units Can Be Sold Individually
Sold as One Lot on Auction

Investment Overview

Fully Tenanted: Long-term leases in place
Immediate Cash Flow: Income from day one
Exit Strategy: Ability to sectionalise/sell units individually

Property Description

Located in the highly sought-after suburb of New Redruth, Alberton, this fully let residential complex presents a rare opportunity to acquire a multi-unit, income-generating asset with immediate returns and long-term flexibility.

The property comprises four full title, double-storey cluster units, each offering approximately 300m² under roof on individual stands ranging from ±250m² to 280m². Built with face brick exteriors, the complex offers a durable, low-maintenance investment ideally suited for long-term portfolio holding.

Each unit features a modern, practical layout, including an open-plan lounge, dining, and kitchen area, a guest bathroom, and access to a private garden. Upstairs, each unit offers three bedrooms, including a main en-suite, as well as an additional bathroom.

The complex is fully tenanted with long-term leases in place, generating a stable and consistent rental income stream. Positioned within a high-demand rental area, the property benefits from strong tenant retention and ongoing occupancy.

A key differentiator is the full title structure, which allows for the future sale of individual units, providing investors with a built-in exit strategy and the ability to unlock additional value over time.

This property is being offered as a single lot on auction, presenting a compelling opportunity to acquire a residential investment portfolio at a fraction of its estimated market value.

Location Benefits