Live Auction: 18 March 2026
Positioned in the heart of Bryanston Ext 1, this established multi-dwelling residential asset offers a Gross Lettable Area of approximately 1,417m² across a diversified unit mix. The property comprises 16 studio-style units (31 m² and 39 m² configurations), 3 cottage-style units including garage components, and a substantial 530 m² main house arranged over two floors. The layout, as reflected in the approved plans, supports structured rental income with separation between studio accommodation, cottages, and the main residence. With access from Coventry Road and on-site parking allocations, this is a rare opportunity to acquire a scale residential investment in one of Sandton’s most established suburban nodes.
Key Features:
• ± 1,417 m² Gross Lettable Area Across Multiple Residential Components
• Projected Gross Annual Income of ± R 1,596,000
• 16 Studio Units (31 m² and 39 m² Configurations)
• 3 Cottage Units Including Garage Allocations
• Main House Measuring 530 m² Over Two Floors
• Prime Position in Bryanston Ext 1, Sandton
Auction Terms and Buyer Information:
• Buyer Costs: 16.5% payable on auction day (10% commission + VAT on commission + 5% deposit towards purchase price)
• Registration Fee: R50,000 (live/venue bidders) | R100,000 (telephonic/online bidders)
All bids constitute a legally binding offer, and the highest bidder is required to sign the Auction Sale Agreement immediately upon the fall of the hammer; failure or refusal to sign constitutes a breach and results in forfeiture of the registration deposit. The sale is subject to a reserve price unless otherwise stated. The property is sold voetstoots, as-is with no warranties or guarantees, and all bidders must provide valid FICA documentation prior to registration.