# Event Details

- **Event Name**: ON AUCTION | 16 Victoria Street, King Williams Town Central, King Williams Town
- **Event Start and End Date**: Thu, 26 Feb, 2026 at 11:00 am – Thu, 26 Feb, 2026 at 12:00 pm
- **Event Description**: Unlock exceptional cash flow with this high-density commercial asset in the heart of King William's Town. Spanning a massive 3,300m² erf, this property is a rare hybrid of immediate rental income and aggressive development potential. The core of the investment features 18 established bachelor units and a stable church lease, already producing a reliable monthly return. To maximize efficiency, all residential units are fitted with prepaid electricity meters and supported by dedicated communal facilities. The true "alpha" of this deal is the included 43 moveable panel homes. This innovative housing solution is projected to drive gross income to R116,100 per month, leaving you with a robust net return of ±R104,100 after rates. With over 2,000m² of land still vacant, you have the immediate "plug-and-play" capacity to add another 50 rooms, further scaling your yield in a high-demand rental market.

Venue: On site at 16 Victoria Street, King Williams Town

Date / Time: Thursday 26th February 2026 @11AM

Viewing: By appointment or 1 hour prior to Auction

THIS IS A HIGH-YIELDING, SCALABLE POWERHOUSE READY FOR ITS NEXT OWNER.

TERMS: ID and proof of residence are required for registration. 5% Deposit, Auctioneers Commission, Advertising costs payable on the fall of the hammer.

Full terms and conditions available for inspection at our offices: 70 Chamberlain Road, Vincent, East London. Subject to change without notice and right of admission reserved.
- **Event URL**: https://allevents.in/king-williams-town/on-auction-|-16-victoria-street-king-williams-town-central-king-williams-town/200029695053004
- **Interested Audience**: 
  - total_interested_count: 0

## Ticket Details


## Event venue details

- **city**: King Williams Town
- **state**: EC
- **country**: South Africa
- **location**: 16 Victoria Street, King Williams Town Central, King Williams Town
- **lat**: -32.88567
- **long**: 27.38935
- **full address**: 16 Victoria Street, King Williams Town Central, King Williams Town, South Africa

## Event gallery

- **Alt text**: ON AUCTION | 16 Victoria Street, King Williams Town Central, King Williams Town
  - **Image URL**: https://cdn-az.allevents.in/events4/banners/0eba3beef6a1c5f37c5b3eb2efe64e5b3967d789829b37119169499fe2039143-rimg-w1200-h1200-dcffffff-gmir?v=1771513864

## FAQs

- **Q**: When and where is ON AUCTION | 16 Victoria Street, King Williams Town Central, King Williams Town being held?
  - **A:** ON AUCTION | 16 Victoria Street, King Williams Town Central, King Williams Town takes place on Thu, 26 Feb, 2026 at 11:00 am to Thu, 26 Feb, 2026 at 12:00 pm at 16 Victoria Street, King Williams Town Central, King Williams Town, South Africa.
- **Q**: Who is organizing ON AUCTION | 16 Victoria Street, King Williams Town Central, King Williams Town?
  - **A:** ON AUCTION | 16 Victoria Street, King Williams Town Central, King Williams Town is organized by Meridian Realty East London.
- **Q**: Who is this event for? Is it right for me?
  - **A:** ON AUCTION | 16 Victoria Street, King Williams Town Central, King Williams Town is ideal for professionals, entrepreneurs, startup founders, and networking enthusiasts eager to grow their connections. Whether you're a first-time attendee or a longtime enthusiast in King Williams Town, this event is thoughtfully curated to deliver a standout experience worth every moment. If ON AUCTION | 16 Victoria Street, King Williams Town Central, King Williams Town sounds like your kind of event, don't wait - spots fill up fast.

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