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5 Iris Road, Primrose, Germiston, Gauteng
R 1 200 000
This expansive property offers a great opportunity for those looking to restore and increase its value. Set on a generous plot, the main house features 3 spacious bedrooms and 1 well-designed bathroom. The large lounge is perfect for relaxation and entertaining, while the roomy kitchen, complete with a separate scullery, ensures practicality for daily use. Original wooden flooring and pressed ceilings add unique charm and character to the home. With some imagination and effort, this property can be transformed into a dream home that blends historical appeal with modern convenience. This property has 3 separate cottages, making it great for rental income. 1. Cottage - Includes a lounge, bedroom, bathroom, and small kitchenette. 2. Cottage - Features a small living area with a kitchenette, bathroom, and bedroom. 3. Cottage - A bachelor unit with a kitchenette and bathroom. Each cottage has its own prepaid electricity meter, which makes it easy to manage tenants. There is also a swimming pool, but it is currently not working. This property needs renovation and maintenance, it offers many possibilities for the right buyer. It is perfect for investors, extended families, or anyone wanting to create a property that generates income. Don’t miss out on this opportunity!!!
Estimated monthly repayment
R 11 332
on a R 1 080 000 bond over 20 years at 11.25%
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5 Iris Road, Primrose, Germiston, Gauteng
Fair-value check
Fairly pricedIn line with comparable 3-bed houses for sale in Primrose
Based on 88 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Andile Mnguni
Unclaimed listing — claim it to verify
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