Summary
WHY BUY ONE APARTMENT WHEN YOU CAN ACQUIRE AN ENTIRE RENTAL PORTFOLIO?
A rare opportunity to acquire an established, income-producing property investment business comprising 23 sectional-title apartments across four residential buildings, all held within one registered company.
DON'T JUST BUY PROPERTY. BUILD A PROPERTY PORTFOLIO!
Direct NOI is before unallocated portfolio-level management, administration and financing costs. Figures are seller-supplied and unaudited. Sale subject to seller confirmation and auction conditions. Purchaser's premium: 10% + VAT.
Give me more informationTHE INVESTMENT NUMBERS
✅ R1.14 MILLION – Annualised Rental Income
✅ R629,000 – Annualised Direct Net Operating Income*
✅ 1,315 m² – Combined Lettable Area
✅ 23 APARTMENTS – Established rental portfolio
✅ 18 PARKING BAYS
YOUR PROPERTY PORTFOLIO
- MAROELA – 10 Apartments
- TAMBOTIE – 10 Apartments
- KIEPERSOL – 2 Apartments
- SOETDORING – 1 Apartment
WHY INVEST?
✔️ One registered legal entity holding all 23 properties
✔️ Opportunity to acquire 100% company ownership
✔️ Established rental income with historically high occupancy
✔️ VAT-registered seller
✔️ Majority of apartments upgraded or refurbished
✔️ Individually metered electricity and water
✔️ Debt-free portfolio offered for acquisition
✔️ Positioned in the established Sunnyside rental market
AUCTION DETAILS
- 24 NOVEMBER 2026
- 11:00 AM – ONLINE BIDDING CLOSES
- TIMED ONLINE AUCTION
REQUEST THE FULL INVESTMENT MEMORANDUM
Auctioneer: PEET BRITS | MANAGING DIRECTOR & LEAD AUCTIONEER
Contact no:076 270 7844
Website: www.aldesauctions.co.za
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