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111 Erica Street, Gillview, Johannesburg, Gauteng
R 1 970 000
Renovated Family Home with Three Income-Generating Cottages, Borehole & Excellent Security Asking Price: R1,970,000.00 This beautifully renovated property offers the perfect blend of comfortable family living, excellent security, and outstanding income-generating potential. Situated close to reputable schools and essential amenities, this versatile property is ideal for extended families, investors, or professionals working from home. The main residence features modern finishes throughout, complemented by a private garden, sparkling swimming pool, jacuzzi, and multiple cottage units that provide immediate rental income. Main House Features Living Areas Welcoming entrance hall Spacious lounge with: Gas fireplace Laminated flooring Dining room with laminated flooring Kitchen Modern kitchen with: Caesarstone countertops Gas hob AEG oven Breakfast nook Ample cupboard space Separate scullery and laundry area Bedrooms Main Bedroom Laminated flooring and double glazing windows. Sliding door leading to the pool and garden area En-suite bathroom Bedroom 2 Laminated flooring Built-in cupboards Fits a queen-size bed Bedroom 3 Laminated flooring Built-in cupboards Fits a queen-size bed Bathrooms Main en-suite bathroom featuring: Shower Toilet Basin Tiled finishes Blinds Full family bathroom: Bath Shower Toilet Basin Blinds Income-Generating Cottages Cottage 1 1 Bedroom Lounge Kitchen Bathroom with shower, toilet and basin Covered parking bay Current rental income: R3,000 per month Cottage 2 (Upper-Level Unit) 1 Bedroom Lounge Kitchen Bathroom with shower, toilet and basin Covered parking with green shade net Current rental income: R3,200 per month Cottage 3 1 Bedroom Lounge Kitchen Bathroom with shower, toilet and basin Current rental income: R3,000 per month Total Potential Rental Income R9,200 per month Outdoor Features Sparkling swimming pool Jacuzzi Private established garden Borehole Water treatment plant 2,250L JoJo water storage tanks Additional filtered JoJo tank system Parking Main House 1 Lock-up garage 1 Covered parking bay Additional Parking 3 Covered parking bays 1 Additional lock-up garage Secure visitor parking Security Features CCTV camera system Outdoor security beams Alarm system linked to TPS Armed Response Excellent perimeter security Secure parking facilities Additional Extras Inverter power bank providing approximately 4 hours of backup power Aluminium window frames throughout Borehole with treated water system Ideal work-from-home opportunity Excellent investment potential Why You'll Love This Property This move-in-ready home offers a rare combination of modern family living and reliable supplementary income. With three self-contained cottages already generating rental revenue, a borehole and backup power solution for convenience, and superb security throughout, this property presents an outstanding opportunity for homeowners and investors alike. Close to schools, shopping centres, major routes, and all essential amenities. Contact us today to arrange your private viewing of this exceptional property.
Estimated monthly repayment
R 18 603
on a R 1 773 000 bond over 20 years at 11.25%
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111 Erica Street, Gillview, Johannesburg, Gauteng
Listed by
Lebo Naidoo
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