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Jeppestown, Jeppestown, Johannesburg, Gauteng
R 4 060 050
Deceased estate property auction - 2 x houses on corner erf. AUCTION ONE The Property Auctioneering CO. Duly instructed by the Executor in the matter Estate Late: TO Mbatha (Estate No. 003576/2020). We will offer for sale by public auction the property situated at: 246 FAWCUS STREET, JEPPESTOWN, JOHANNESBURG. Date: 12th August 2026. Time: 12:00pm. Venue: 7 Donington Drive, Mulbarton, Johannesburg. Viewing: One Hour Before Auction. ID & proof of residence required for registration. Auctioneers note – this central position has proven itself for residential accommodation densification and high yielding rental returns. This Deceased Estate Property Auction presents an exceptional investment opportunity. Offering two separate homes on one erf, this well-positioned corner property is an excellent choice for investors seeking strong rental returns. Fully walled and secure, with entrances from two streets and lock-up parking, it is ideally suited to Johannesburg's growing demand for high-density residential accommodation. Each spacious dwelling comprises two bedrooms, a family bathroom, a kitchen, and a generous living area. Built in an era renowned for solid construction and spacious interiors, these homes provide an excellent foundation for renovation, modernisation, or continued rental use. The Harvey tile roof further enhances the property's appeal, while the versatile layout offers outstanding potential to maximise rental income and long-term value. Located close to the Johannesburg CBD, reputable schools, and a wide range of amenities, this property is perfectly positioned to attract quality tenants. Whether you're expanding an existing portfolio or entering the investment market, this income-producing opportunity deserves your attention.
Estimated monthly repayment
R 38 340
on a R 3 654 045 bond over 20 years at 11.25%
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Jeppestown, Jeppestown, Johannesburg, Gauteng
Listed by
Lerato Coetzee
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