This exceptional property features one of the largest residential stands available in Newlands, presenting a unique investment opportunity with strong income potential.
Located on a quiet street, the spacious main house includes three bedrooms, with the master bedroom boasting built-in cupboards and cozy carpeting for added warmth during winter. Rest of the house is tiled. The home offers one full bathroom, a large kitchen complete with lots of cupboard space and a nook, and a generous family room ideal for comfortable living.
At the rear of the property, there are 13 additional rooms currently generating an income of approximately R23,000 to R25,000 per month. The property also includes a double carport and a secure lock-up garage. and an automated Gate.
Surrounded by a well-maintained garden, this home is conveniently central and situated close to schools, shopping centers and malls, major roads with taxi and bus routes, and within a 5 km radius of the University of Johannesburg. It is just 15 minutes from Braamfontein and the Johannesburg CBD, and 15 to 20 minutes from Roodepoort CBD.
For viewings and further information, please contact me directly.