Incredible investment opportunity
Situated in a secure, boomed off area with 24h security, this stand consists of 4 rental properties. A 3-bedroom, 2-bathroom main house. A 2-bedroom, 1-bathroom garden cottage. A 2-bedroom, 1-bathroom upstairs flatlet. And a bachelor flat. All the properties have tenants and prepaid electricity.
Current monthly rental income is R35''000
Main House:
Has a private garden with a double carport, water tank, domestic bathroom with a toilet and shower, CCTV cameras and alarm system. The house offers 3 spacious bedrooms with build-in cupboards, the main bedroom has an en-suite bathroom. Both bathrooms have a gas geyser. The house which was designed for entertainment has a well sized kitchen with ample working service, as well as granite tops, gas stove, breakfast nook and space for a top loader washing machine and a dishwasher.
Main house:
The kitchen is next to a spacious open plan dining area and TV room, with a door leading out to the back garden. The TV room also leads to the large entertainment area with a built-in braai and wooden sliding doors, which opens up to the large front garden.
The house is perfect for a family who enjoys outdoor living and entertaining family and friends.
Garden Cottage:
The garden cottage is completely walled off from the main house, with a separate entrance which ensures privacy for the residents. It has a double carport and private garden. The cottage has two bedrooms with build-in cupboards and 1 full bathroom with a corner bath.
The cottage also features a large dining room, lounge and a kitchen with granite tops and space for a washing machine and dishwasher.
Flatlet:
The upstairs flatlet has two bedrooms and one bathroom with a shower and toilet. The kitchen, with granite tops and space for a washing machine is open plan with the large living room & dining area, which opens onto a balcony, with views of the Johannesburg skyline.
Bachelor flat:
Open living space
Bathroom with a toilet and shower