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Highlands North, Highlands North, Johannesburg, Gauteng
R 1 499 000
Fantastic Investment or Commercial Opportunity. This well positioned corner property offers excellent exposure while maintaining access from a quiet street. With generous accommodation and flexible workspaces, it caters to a wide range of businesses or multi-letting opportunities. Currently operated as a multi-letting investment, the property has: Main Dwelling: Kitchen, bathroom, and guest toilet. 3 Rooms downstairs, each with its own private entrance. Additional loft room upstairs with separate access. 2nd Dwelling: 2 Rooms with the option of single access or conversion into one spacious cottage. 3rd Dwelling: Additional rooms are serviced by a bathroom with a shower. The property also features a covered workshop, a large backyard, and ample off-street parking. Each dwelling is equipped with its own prepaid electricity meter and intercom system. There is an option to purchase the property with reliable, established tenants in place, generating a current monthly rental income of R20,000. Motivated seller – inviting offers from R1.499m, asking more.
Estimated monthly repayment
R 14 156
on a R 1 349 100 bond over 20 years at 11.25%
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Highlands North, Highlands North, Johannesburg, Gauteng
Listed by
Francois Mnguni
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