12 Bedroom House For Sale in Midrand

Property description

A spectacular investment property for sale in one of the most sought after locations in Riverside View.

This property has:
5 cottages with potential to generate R3 500 each per month,
1 main house renting for R7 000 per month,
4 shops generating R5 000 each per month,
The property is generating a total of R44 000 monthly.

The property also has parking for 1 car.

The property has a parameter wall and a lockable sliding gate.
It is also conveniently located close to a communal park, Riverside View Shopping Center, the taxi rank with taxis going to Fourways Mall, Dainfern Square, Randburg, Johannesburg CBD, Sandton and other surrounding areas.

Schools in the area includes Curro Academy, Sparks Schools and several government schools.

The area is well located as its main street connects directly with Winnie Mandela Drive. Makro Store and Engen Garage are roughly a kilometer from the property and just a walking distance is the local shopping complex (Riverside Square)

This is what you get with this property:

Bedrooms: 8
Living rooms: 1
Bathrooms: 6.5
Parking: 1
Type of Property:
House Zoned Residential

Erf Size
229m²
Main House Rooms:
3x Bedrooms and 1x Living room with Open Plan kitchen

External Features:
4x Shops downstairs and
5x Cottages all Ensuite upstairs

Rezoning and approval of building plans will be handled by the buyer who should ideally be buying cash.

Contact Agent Sello for more clarity or/and an exclusive viewing session.