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Berea, Berea, Johannesburg, Gauteng
R 1 100 000
Located at a cul-de-sac in one of Berea's quiet streets, this income-generating house represents a huge opportunity for any investor looking for returns on rentals. Currently fully let and collecting about R20k. The main house boasts 4 bedrooms downstairs sharing one bath and a kitchen while the other bedrooms upstairs share one bathroom and a kitchen. A set of stairs takes you upstairs to a landing exposing four separate doors. One door leads you into the main bedroom with a balcony offering breathtaking views. The other bedroom, with a baby room, is straight ahead of you while the other three doors open into the third bedroom, the kitchen and the second bathroom, respectively. Both kitchens are spacious with enough cupboards and drawers. The two self-contained standalone cottages offer the 9th and 10 bedrooms. Each cottage comes with a 1 bedroom, shower bath, open-plan living area and kitchenette The first cottage comes with 1 bedroom, an ensuite shower bath, an open-plan living area and a kitchenette, while the other cottage has a separate bathroom. All the rooms are fully let. Comprising: 8 bedrooms in the main house and 2 bedrooms in the cottages. A long driveway for 4 cars and more parking space in the yard The potential of this home is endless. Please give me a call, I will gladly open the doors for you to view.
Estimated monthly repayment
R 10 388
on a R 990 000 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
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Berea, Berea, Johannesburg, Gauteng
Area view — the exact address is shared on enquiry.
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