Huge residential block.
Blythe house - 41 rooms, southernwood- belgravia precinct!
AUCTION ONE
The Property Auctioneering CO.
We Will Offer For Sale By Public Auction The Property Situated At:
CNR ST JAMES RD & BELGRAVE ROAD – BLYTHE HOUSE, SOUTHERNWOOD, EAST LONDON.
Date: 28th May 2025.
Time: 18:00 PM.
Venue: Lord Selborne Guesthouse.
Viewing: By Appointment.
ID & proof of residence required for registration.
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.
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