Duly instructed by the Executor in the matter Estate Late: GI Hodgkinson.
(ESTATE NO: 003236/2025)
We Will Offer For Sale By Public Auction The Property Situated At:
21 & 23 STRAND STREET, WESTBANK, EAST LONDON.
- Date: 12th November 2025.
- Time: 10:00am.
- Venue: On-Site.
- Viewing: By Appointment or one hour before auction.
ID & proof of residence required for registration.
WATCH THE YOUTUBE VIDEO HERE
AUCTIONEERS NOTE – A SERIOUS & REAL PROPOSITION FOR ANY SAVVY PROPERTY INVESTOR, DOUBLE UP ON RENTAL RETURNS.
Auction One proudly presents a rare investment opportunity in the peaceful seaside suburb of Westbank, East London. This deceased estate property auction offers two fully-let homes with long-term tenants, generating a combined gross rental income of R12 500.00 per month — a ready-made income stream for any serious investor.
Set on a 607m² erf, both properties are similar in layout and design, each featuring a welcoming undercover front veranda with partial sea views, a spacious lounge, separate dining room, three bedrooms, family bathroom, and a fitted kitchen. One of the homes also includes a large enclosed sunroom, adding extra space and versatility.
The properties are fully walled and include timber garages, storerooms, and workshop areas, providing practical storage or workspace solutions. With reliable tenants in place and room for modernization, these homes offer both immediate return and future growth potential.
Westbank remains one of East London’s most desirable rental areas, known for its quiet charm and proximity to key employment hubs such as the East London IDZ, Port and Harbour, and the industrial nodes of Gately and Woodbrook. Strong rental demand has always defined this area — and there’s every reason to expect it will continue.
This auction is of a serious nature and is subject to confirmation by the Executor and the Master of the High Court.
Don’t miss out on this rare dual-income coastal investment.
Contact Auction One today for details, viewing times, and registration information.
Contact Justin Rohtbart for More Information – 083 789 2550.
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.
