Starting to bid from R340 000. Non -Distressed Live Luxury Auction in Lambton

The owner has decided to market their property on the Harcourts Certified & Transparent Luxury Non-Distressed Auction Platform. Buyers can purchase through bond or cash finance or combination of both. All offers are encouraged. Pre-Auction Offers are welcome to stop the Auction. No Auction fee payable by purchasers. All offers must be made in writing with proof of finance - which can be a bond pre-approval certificate or bank statement.

Prime Investment Opportunity! Spacious 1-Bedroom Apartment in Angoma Court, Lambton

Welcome to this exceptionally large 84 sqm one-bedroom flat situated on the second floor of the popular and secure Angoma Court complex in Lambton. Offering fantastic space, comfort, and an unbeatable investment profile, this unit is already tenanted, making it a hassle-free addition to your property portfolio with immediate rental income.

Key Property Features:
Welcoming Entrance Hall: A dedicated entrance space greets you upon entry, providing a warm transition into the living space.
Expansive Living Area: Generous lounge area with plenty of natural light and ample room for full lounge furniture or a combined dining setup that leads onto the balcony.
Spacious Bedroom: Exceptionally large master bedroom complete with built-in storage and generous floor area.
Functional Kitchen: Neat and practical kitchen equipped with good counter space and cabinet storage.
Neat Bathroom: Featuring a bath with an overhead shower, basin, and toilet.
Private Balcony with Views: Step out onto your private balcony — the ultimate spot to relax, unwind, and watch the planes fly by on their approach to nearby Rand Airport.

Unbeatable Location & Nearby Amenities
Situated in the heart of Lambton, this property places tenants close to essential daily services, major transit routes, and local highlights:
- Shopping & Convenience: Minutes away from Lambton Gardens Shopping Centre for easy access to supermarkets, pharmacies, takeaway spots, and retail shops.
- Schools & Healthcare: Located within close proximity to reputable local primary and high schools, as well as medical clinics and private healthcare facilities.
-Transport and Access: Quick access to major arterial routes and freeways connecting to greater Germiston, Bedfordview, and Johannesburg CBD. Nearby Rand Airport also offers local dining experiences and aviation views.

Why Invest Here?

At 84 sqm, this flat offers significantly more square footage than standard modern 1-bedroom apartments. Combined with its existing tenant and prime location in a sought-after Germiston suburb, it represents a secure, high-demand rental unit with great potential for long-term capital appreciation. There are several Rand Airport Trainees renting these flats.

Property Overview:
Size: 84 sqm
Location: Angoma Court, Lambton
Status: Currently Rented out (Instant Rental Yield)
Levies: R1300
Rates:R394
Parking: R120
Other approximate costs from the muncipality - these amounts will vary according to usage and mubcipal charges
Water: R235 (about 7 units)
Sanitation: R232 (uses the water to determine the amount)
Network, Demand, Fixed Charges: R548 (this is a randon additional charge from the muncipality in connection with the building being old)

Please not that although the bidding price starts from R340 000, the seller has indicated a reserve price - so please consider your best offer, a non-distressed auction is different as the seller does not need to sell.

Contact us today to arrange a viewing!