37 North Way, Kelvin, Sandton, Gauteng, South Africa
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Auction
- South Africa
- House
- Residential
Invited Opening Bid R1 900 000
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Property Summary
- This sale is Subject to Confirmation by the parties involved
- 37 North Way, Kelvin, Sandton, Gauteng, South Africa
- Erf extent: 2 418m2
- Main house under roof approx: - 428m2
- Rates: Approx R1 652 per month
- The Purchaser is required to acquaint themselves with the property and all matters related thereto, including but not limited to its condition, location, and any improvements thereon.
- The Purchaser must further familiarise themselves with the terms and conditions applicable to this Lot by clicking on the Legal tab below.
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Property description
Multiple Income Streams | Major R18bn Development Across the Road| Exceptional Growth Potential
Positioned directly opposite a confirmed R18 billion mixed-use city currently under development, this expansive Kelvin, Sandton property presents a rare early-entry investment opportunity into what will become one of the area’s most dynamic growth nodes over the next 3–5 years.
The development will include a shopping mall, schools, commercial precinct and approximately 20,000 residential units — a major infrastructure injection set to drive strong rental demand and long-term capital appreciation.
Key Investment Highlights
• Multiple income-generating dwellings
• Current rental income: ±R32,000 per month
• Ideal for:
Student accommodation
Multi-family living
Airbnb / short-term rentals
Professional house shares
Contractor housing (linked to nearby development activity)
Main Residence
• 4 well-sized bedrooms
• 2 bathrooms (main en-suite)
• Entrance hall
• Lounge
• Dining room
• Family / TV room
• Entertainment area
• Study / home office
• Fully fitted kitchen with:
Ample cupboards
Separate scullery
Gas geyser
Additional Accommodation / Income Units
Second House / Cottage
• 4 bedrooms
• 2 bathrooms
• Rental potential: ±R32,000 per month
Wendy House
• 2 bedrooms
• 2 bathrooms (both en suite)
• Lounge
• Ideal for single professionals or student use
Staff Quarters
• 1 bedroom
• 1 bathroom
• Living area
Outdoor & Lifestyle Features
• Large swimming pool
• Thatched lapa
• Private patio areas
• Established garden
Parking
• Double garage
• Additional parking — space for approximately 4 vehicles
Security & Sustainability
• Alarm system
• CCTV surveillance
• Solar panels
• Solar-powered exterior lighting
Location Highlights
• Directly opposite a confirmed R18bn mixed-use city under construction
• Easy access to major transport routes and freeways
• Close proximity to:
Boston College
Varsity College (Emerys, Vega School)
Woodmead Retail Park
Barlow Park precinct
Primary and secondary schools
Location
Kelvin is a leafy, residential suburb within Sandton, Johannesburg, known for its convenient location near major highways (M1, Buccleuch Interchange) and proximity to Sandton's business hub.
Accommodation
Four bedroom main house, 4 bedroom cottage, 2 bedroom wendy house, 1 bed staff accommodation
Additional Details
A 10% deposit and 5% auctioneers fee (plus VAT on fee) is due and payable by the highest bidder once bidding has closed. See Legal tab for Special Conditions.
Please note: All legal documents can be viewed by clicking on the ‘Legals’ tab above, in order for you to carry out due diligence in relation to the property. By doing so, this will also ensure that you are continuously updated regarding any pricing changes on the property prior to auction.
VAT
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*Terms & Conditions
No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.
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You're the highest bidder!
As this sale is subject to confirmation, we will be in touch within the confirmation period to let you know if your bid has been accepted by the vendor.
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