Bezuidenhout Valley , Cyrildene , Dewetshof , Kensington - JHB , Observatory - JHB , South Kensington
Activia Park , Airport Park , Alexandra , Buccleuch , Buurendal , Clarenspark , Corlett Gardens , Croydon , Dawnview , De Klerkshof , Delville , Denlee , Dorelan , Dowerglen , Driehoek , Dunsevern , Dunvegan , Eastleigh , Eden Glen , Elandsfontein , Elmapark , Elsburg , Emerald Estate , Essexwold , Estera , Far East Bank , Fishers Hill , Founders Hill , Frankenwald , Geldenhuis Estate S.H. , Georgetown , Gerdview , Germiston South (Industries EA) , Gosforth Park , Greenstone Hill , Harmelia , Henville , Highway Gardens , Homestead , Hurlyvale , Illiondale , Isandovale , JP Bezuidenhout Park , Jupiter , Klippoortje , Klopperpark , Knights , Kruinhof , Linbro Park A.H. , Longlake , Longmeadow Business Estate , Malvern , Marais Steyn Park , Marlands , Meadowbrook , Meadowdale , Modderfontein , Morninghill , Oriel , Parkhill Gardens , Pirowville , Rembrandt Park , Rembrandt Ridge , Rustivia , Sebenza , Senderwood , Simmerfield , Solheim , St Andrews , Sunnyrock , Symhurst , Thornhill Estate , Tunney , Ulana Park , Union , Wannenburghoogte , Webber , Westberry Gardens , Westfield , Westlake Eco-Estate , Westlake View , Wilbart , Woodmere , Wychwood
This Fourteen rooms fix up investment property is located in the established Bezuidenhout Valley, Johannesburg, presents a unique opportunity for cash investors seeking to grow their rental stock book in suburb with high rental demand. The property features a high perimeter wall, ensuring privacy and security, fourteen rooms of different sizes and three communal bathrooms. This property is currently generating a monthly rental income of R +- 18000, with potentential to earn more if the back space is utilized well by building additional rooms or cottages. While the exterior currently offers a utilitarian aesthetic with aged corrugated metal roofs, its distinct rooflines hint at a versatile layout, potentially comprising multiple rooms or offering significant rental income possibilities upon renovation.
Inside, the property boasts an impressive fifteen bedrooms and three bathrooms, providing ample accommodation. A functional kitchen and a comfortable lounge area form the core living spaces, complemented by an inviting entrance hall. 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, whether for a large family residence or a multi-tenant investment.
This property is in close proximity to good schools, Collages, University of Jhb Doornfontein campus, Public hospitals, public clinics, JHB CBD, Eastgate mall public transports and public freeways and highways.
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 Bedrooms, 3 Bathrooms
* Erf Size: 495 sqm, Floor Size: 152 sqm
* Wheelchair Friendly
* Pets Allowed
* Security Gate, Totally Walled
* Suburban Location