Bezuidenhout Valley , Cyrildene , Dewetshof , Kensington - JHB , Observatory - JHB , South Kensington
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This fourteen rooms investment property offers an opportunity to earn a rental income of +- R 17000 with a potential to earn even more if the back space is utilized to build more rooms or cottage units since this property is located close to reputable schools and there is a demand for rental stock in the area , located in the established Bezuidenhout Valley, Johannesburg, presents a unique opportunity for investors to take this opportunity to provide rental stock with a guaranteed return on investment since there is a huge appetite for rental stock in the area. The property features a high perimeter wall, ensuring privacy and security. While the exterior currently offers a utilitarian aesthetic with aged corrugated metal roofs, its distinct rooflines hint at a versatile layout, potentially comprising multiple units or offering significant rental income possibilities upon renovation.
Inside, the property boasts an impressive fourteen different sized rooms and three communal bathrooms, space at the back to build more rooms or cottages. With a floor size of 152 square meters on a 495 square meter erf, there is considerable scope to reconfigure or enhance the interior to suit specific needs.
Bezuidenhout Valley is a well-located suburban area within Johannesburg, offering accessibility to various amenities and transport routes. This established neighbourhood provides a convenient setting for residents, balancing urban living with community appeal.
Key Features:
* 14 different sized rooms, 3 communal Bathrooms
* Erf Size: 495 sqm, Floor Size: 152 sqm
* Wheelchair Friendly
* Access Gate and Totally Walled
* Suburban Location