We Will Offer For Sale By Public Auction The Property Situated At:
11 BELGRAVE ROAD, SOUTHERNWOOD, EAST LONDON.
- Date: 28/05/2025.
- Time: 18:00 PM.
- Venue: Lord Selborne Guesthouse.
- Viewing: By Appointment.
ID & proof of residence required for registration.
WATCH THE YOUTUBE VIDEO HERE
AUCTIONEERS NOTE – SITUATED RIGHT IN THE HEART OF THE EAST LONDON MEDICAL FATURNITY & FACILITIES.
Turnkey Investment in East London’s Medical Hub – Cash Positive Huge Block of Flats
Situated on a spacious corner erf in the heart of East London’s thriving medical hub, this well-positioned two-storey block offers a prime investment opportunity. Directly opposite the East London Eye Centre and just a short walk from the Medical centre, St Dominic’s Private Hospital and other medical facilities and practitioners. The demand for safe, convenient accommodation in this area is consistently high. Zoned Business 4, the property is close to retail stores, top schools and universities.
The block features 41 well-sized rooms, four communal kitchens, multiple ablution facilities, and secure on-site parking. Additional amenities include an on-site convenience store, free Wi-Fi, a basic camera system, and bio metric access control. With a live-in manager, prepaid meters in each room, and rental income ranging from R2350.00 to R3600.00 per room, this property is neat, fully functional, and cash positive. Investors and medical professionals – this is your chance to secure a high-performing asset in a sought-after location.
Contact Justin Rohtbart For More Information – 083 789 2550.
Seller Disclosure.
Municipal Bill.
Zoning Certificate.
Floor Plans.
TERMS:
10% DEPOSIT, AUCTIONEERS COMMISSION & ADVERTISING COSTS PAYABLE ON THE FALL OF THE HAMMER. Full terms & conditions of auction available for inspection at our office. Subject to change without notice. Right of admission reserved.
