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Simmerfield, Simmerfield, Germiston, Gauteng
R 1 600 000
Situated on a spacious 2652 square meter stand, this versatile property offers endless potential for investors, extended families, or buyers looking to generate additional rental income. With three separate entrances, two houses, and an incomplete flatlet, this property is perfectly suited for multi-family living, rental opportunities, or future development. House 1 is well-sized and welcoming, offering four comfortable bedrooms and three bathrooms, making it ideal for a large family. The home features a neat kitchen with ample space, a dining room perfect for family gatherings, a cosy lounge area, and an inviting entrance hall that adds character and charm to the home. The layout provides both comfort and practicality, with plenty of room for everyday living. House 2 offers a fantastic secondary income opportunity or accommodation for extended family members. This home consists of two bedrooms, one bathroom, a functional kitchen, and a comfortable lounge area. With its own separate entrance, it allows for privacy and convenience. The property also includes an incomplete flatlet consisting of one bedroom, one bathroom, and a single garage. With a little finishing work, this space could become an additional rental unit, guest accommodation, or home office setup. The expansive yard offers loads of potential for future improvements, further development, or additional parking space. Whether you are looking to invest, renovate, or create a multi-income property portfolio, this property presents an incredible opportunity in a convenient location. Don’t miss out on this rare investment opportunity with excellent rental potential and endless possibilities.
Estimated monthly repayment
R 15 109
on a R 1 440 000 bond over 20 years at 11.25%
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Simmerfield, Simmerfield, Germiston, Gauteng
Listed by
Gontse Motaung
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