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INVESTOR HIGH ALERT! NO OUTSTANDING BOND. AUCTION ONE The Property Auctioneering CO. We Will Offer For Sale By Public Auction The Property Situated At: 17 DE VILLIERS STREET, SOUTHERNWOOD, EAST LONDON. Date: 21 April 2021. Time: 18:00 PM. Venue: East London Golf Club. Viewing: By Appointment or One Hour Before Auction. ID & proof of residence required for registration. AUCTIONEERS NOTE – GROOMED FOR INVESTMENT, BUILT SPECIFIC FOR CASH RETURN. Built from scratch in one of the most popular rental nodes in East London and designed for communal living. This savvy built property has all the features required for the seasoned residential property investor and includes: 4 large bedrooms all with their own en-suite bathroom (toilet, shower, basin). Currently producing a rental income of R2500 per room per month. Further to this, there is a large communal lounge and fitted kitchen. Floors and bathrooms are tiled throughout, windows are alloy, security is excellent and outbuildings include a single room which could be rented for further income. WE LIKE: Huge potential with spacious, level back garden ripe for further development. Take it away bidders!