Income generating home for Sale - home and 6 cottages
sound investment, situated on 1942m2 and zoned RESIDENTIAL 3, month;y GROSS rental R60 000, 3 PHASE ELECTRICITY.
Comprising of the main house situated in the peaceful avenues of Edenvale. 4 Beds, 2 baths with entertainment area\ swimming pool for the owner plus SIX self contained flatlets (FULLY let by private individuals and corporate clients) achieving gross month;y rental for the flatlets for R44 000 000 (excl electricity and water)
OPTION ONE - Owner lives in house and receives R44k rent per month for the 6 flatlets.
OPTION TWO - Owner lives in flatlet and receives rent R52K per month for the flatlets as well as the rent from the main house.
OPTION THREE - For the extended family - parents with their children / grand children living together, sharing expenses but each having their own space, own kitchen etc.
CCTV, electric fencing, irrigation and 3 PHASE electricity compliment. Enclosed area - only entrance into area and one exit - The neighbourhood ave formed a BLOCKWATCH with approx 15 patrollers. ENCLOSURE annual fee is R225pm. Two separate driveways with automated gates. Two offices for light admin and / or massage/ beauty salon. covered parking for all flatlets. three store rooms .
Close to Greenstone Mall and driving distance to Eastgate Mall Close to R24 Highway O. R. Tambo International Airport (approx 15 min time travel) - Johannesburg business centre close by. N1 Highway that leads you to Sandton City, Pretoria is easy accessible Excellent shopping malls and other amenities with easy access\Close to Stoneridge Shopping Centre and Long Meadow Business Park Holy Rosary School in the Avenues, Edenvale School in Edenvale very close by. Dowerglen High School in Dowerglen, Edenvale Primary & high School in the boomed area of Edenglen. MW de Wet Afrikaans Primary school in the boomed area of Hurlyvale are just some of the schools in the area to choose from. Creche schools situated very close
Edenvale is a solid investment destination with a wide variety of business, residential and sectional title offerings available from affordable to exclusive and expensive.
The suburbs of Edenvale are situated close to 2 main highways as well as the Gautrain rapid rail link and are a 10 minute drive from OR Tambo International airport.
The area boasts several good quality private and government schools and has...
Sign-up and receive Property Email Alerts of Houses for sale in Edenvale Central, Edenvale.
Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.