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8 Bedroom House For Sale in Germiston

Germiston
R 1500000
RunningCosts Bond
Costs
Property Type House
Erf Size 774 m2
Levies R 0
Listing Date October 27, 2024
Floor Size 400 m2
Rates and Taxes R 0
Details
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Property description

This very large home has been fully converted to a residential hub. The house has been converted to 4 residential units and also the outbuildings. The result is one property offering 4 x 2 bedroom units and 1 x 1 bedroom flats. Five flats with 9 bedrooms! The building is a mix of new and old with pressed ceilings, tiled floors and downlighters. All units have lounges and kitchens. Also some units have baths and showers while others have showers only and only 1 has a stove. However, the best news is you can live for free as the rental income is in excess of R20,000 per month, covering bond repayments as well as municipal rates. This is perfect for seasoned investors or upcoming investors looking for an opportunity to start their property portfolio. Despite the large buildings there is still yard space left. re spacious with plenty of BICs and wooden floors paired with high, pressed ceilings.
The stand is 774m2, and the perimeter wall makes the garden secure and private. There are two entrances and the pool is covered up but can be revived with some effort and had work to its former glory. There is also a double carport which is partially enclosed. The location is excellent, close to schools, shops in and Bedfordview, and N3 and N12 highways. This exceptional home will go quickly!!! This is a perfect home for an investor to start or perfect his/her investment portfolio!!! It can be yours. It is move in ready. The sellers are very serious!!
Make sure to call, there are not many homes like this around, this home will go quickly.

Call to arrange your private viewing now!

  • Totally Fenced
  • Security Gate
  • Burglar Bars
  • Perimeter Wall
  • Pets Allowed
  • Driveway
  • Electric Prepaid Electricity
  • B I C
  • Curtain Rails
  • Tiled Floors

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