R 1 800 000
calculate bond costs
Offers from R 1 600 000

7 Bed House in Allandale

7 6 288 m²

2 Bedroom investors Dream home for sale

This property is located in a quite suburb of Allandale, Midrand. The property offers you a unique opportunity to own a 2 bedroom house with a boast of the five (5) cottages that can generate a steady rental income.

The main house features 2 bedrooms, a kitchen that''s opens up to a living room and a bathroom. The house is well maintained, and the yard has completed with outside Unit that are currently for rental. Unit 1 and 2: Two spacious bedroom fitted with built-in wardrobes, open plan kitchen, seating area and bathroom.

Unit 3: Two spacious bedrooms fitted with built-in wardrobes, separate kitchen, seating area, bathroom and extra toilet.

Unit 4 One spacious bedroom fitted with wardrobes, kitchen, seating area, and a bathroom.

Unit 5 is rented out for a business saloon and all units are fitted with prepaid electricity meters.

The owner can use the rental income to generate to pay most if not all his/her bond. There is also an opportunity to rent out the main house if the owner is a pure investor.

The property is close to licensing traffic department, public transport, schools and shopping centers.

Property details

  • Listing number T4521217
  • Property type House
  • Listing date 16 Feb 2024
  • Land size 288 m²
  • Rates and taxes R 424

Property features

  • Bedrooms 7
  • Bathrooms 6
  • Lounges 1
  • Access gate
  • Balcony
  • Built in cupboards
  • Fenced
  • Kitchen
  • Garden cottage
  • Electric fencing
  • Paving

Photo gallery