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AN EXCEPTIONAL CORNER HOUSE COMMERCIAL PROPERTY | HUGE INCOME-GENERATING POTENTIAL IN ORANGE GROVE, JOHANNESBURG
Why to Buy?
- Four separate double-storey buildings in the compound
- The first two buildings have two large bedrooms
- The second two buildings have one bedroom each
- Investment opportunity
- Lots of Potential
- Four different carports plus plenty of parking spaces
- Each apartment has its own Prepaid meter
- Water Tank
- Balcony
- Low maintenance with good rental returns
- Good security
First two buildings features two large bedrooms apartments,spaciously built open plan lounge ,kitchen with breakfast nook,granite counter tops and enough cupboards for your kitchen utensils,a full bathroom to compliment the two rooms and a large sized balconies.
The other two buildings feature one-bedroom apartments with wardrobes, a full bathroom, an open-plan lounge with a fitted kitchen with modern furnishings, and spacious balconies. This property is conveniently positioned on a corner, with easy access to main roads and basic amenities, making it an attractive choice for tenants. Its investment potential makes it suitable for both investors and those venturing into the rental property market.
The property has a lot of potential as it can be turned into an Airbnb, as it's very close to the airport and other attractive areas like the Wilds Nature Reserve and the South African National Museum of Military History. It features about four different carports big enough to fit as many cars as possible and also ample uncovered parking spaces. Each apartment has its own prepaid meter. There is also the availability of a water tank.
The property is fully tenanted and generates Gross rental income of about R54,000,0 monthly; making it lucrative income producing asset for investors looking to expand their property portfolio. The property has 24/7 security, a remote-controlled gate, and fully walled fencing, burglar bars on doors and windows.
Do not let this rare opportunity pass you by if you are looking to venture into rentals, as this low-maintenance corner house property has a consistent rental occupancy and easy access to major amenities and transport routes. It is situated in a well-established and secure residential area in Orange Grove.
Call us immediately for a viewing, as such gems may not stay on the market for long.
E & OE