Auction Description
Below you'll find key points about the auction:
Invitation to submit offers by 14:00 on Friday 28 November, 2025
166 sectional title units in the iconic Parktonian Hotel, located in the heart of Braamfontein, Johannesburg.
This exceptional investment opportunity includes:
-166 sectional title units
-Furniture within each unit
-Furniture and fittings in the common areas
-Rental pool agreement in place, offering an immediate income-generating structure.
The property is ideally situated in a vibrant commercial and educational precinct, within walking distance of major corporates, academic institutions, and public transport hubs. The nearby cultural attractions are the heritage museum Constitution Hill Human Rights Precinct and Apartheid Museum. The property is situated about 5 minutes from the designed Johannesburg Art Gallery.
The rooms at the Parktonian Hotel have a balcony and a seating area and offer spectacular offer views of the city.
This offering is well-suited to investors seeking to acquire a substantial holding in a well-established building with proven income potential.
Terms for property: 15% deposit on submission of offer, balance within 30 days of confirmation.
Terms for movables: 20% deposit on submission of offer, balance within 3 days of confirmation.
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