R 1 400 000
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7 Bed House in Berea

7 3 4 744 m²

Investors Dream: Versatile Property with High Rental Income and Expansion Potential - R1.4 Million

Key Features:

* 7 rooms and 4 shops generating a combined rental income of R30,000 per month

* Spacious double-size stand with potential for additional rooms

* Old kitchen and charming wooden floors needing some TLC

* Parking for up to 4 cars

* Prime location near St Johns and Emirates Airline Park Rugby Stadium (Ellis Park)

* Conveniently located on major taxi routes

Why Invest in This Property?

Listed at R1.4 million, this property offers a unique opportunity for savvy investors looking to capitalize on high rental income with room for further development. The seven rooms and four shops currently generate a substantial rental income of R30,000 per month, making this an attractive investment.

Situated on a spacious double-size stand, there is ample potential to add more rooms or further develop the property to increase rental income. The house features an old kitchen and charming wooden floors, providing a fantastic canvas for renovation and modernization.

Parking is available for up to four cars, providing convenience for tenants and shop customers alike. The propertys prime location near St Johns and the Emirates Airline Park Rugby Stadium (Ellis Park) ensures a steady flow of potential tenants and customers. Additionally, its proximity to major taxi routes enhances accessibility and convenience.

Location Benefits:

* Close to prestigious St Johns School

* Emirates Airline Park Rugby Stadium (Ellis Park) just down the road

* Easy access to major taxi routes, ensuring excellent connectivity

Dont miss this exceptional investment opportunity! With its high rental income, expansion potential, and prime location, this property is a rare find. Act now to secure this versatile property and maximize your investment returns.

Contact us today to arrange a viewing and explore the full potential of this remarkable property!

Property details

  • Listing number T4688187
  • Property type House
  • Listing date 26 Jun 2024
  • Land size 744 m²

Property features

  • Bedrooms 7
  • Bathrooms 3
  • Covered parking 4
  • Fenced
  • Kitchen
  • Paving

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