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Kyalami Ah, Kyalami Ah, Midrand, Gauteng
R 5 500 000
Situated in the heart of Kyalami on 1.3 hectares, down a private panhandle, this property offers both space and opportunity. It currently features five income-generating dwellings, producing a combined rental income of approximately R54,000 per month. The existing tenants are happy to remain, making this an ideal turnkey investment. The property is serviced by municipal water and Eskom electricity, and is further enhanced by a swimming pool and a beautifully established garden, creating a peaceful and inviting environment. The cottages are configured as follows: Cottage 1: Featuring its own private garden, this cottage is tiled throughout and offers a modern kitchen, a courtyard, and a light-filled living space. It includes two bedrooms and a bathroom with a shower. Cottages 2, 3 & 4: These semi-detached units offer comfortable and practical living arrangements. Cottage 2: A spacious, tiled unit featuring a well-sized kitchen with a separate scullery, two bedrooms, and two bathrooms (including a bath). It also offers a dining room, lounge, and a large patio—ideal for relaxed outdoor living. Cottage 3: This cottage offers two en-suite bedrooms along with a study or a smaller third bedroom. The main bedroom is fitted with a bath, while the second bedroom has a shower. The entire home is tiled throughout, providing a neat and low-maintenance finish. Cottage 4 is a charming one-bedroom cottage featuring tiled floors, an open-plan lounge and kitchen area, and a bathroom. Cottage 5: This cottage enjoys its own private garden and is tiled throughout. It features a generous lounge area, a guest bathroom, a large kitchen with ample space for appliances, and three well-sized bedrooms. Whilst every care has been taken in the preparation of this listing, we cannot be held responsible for any errors or omissions which may occur.
Estimated monthly repayment
R 51 938
on a R 4 950 000 bond over 20 years at 11.25%
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Kyalami Ah, Kyalami Ah, Midrand, Gauteng
Listed by
Nomvula Nkosi
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