Investment Opportunity – High Income Potential in Primrose!
Asking Price: R1 200 000
Calling all investors! This exceptional property offers outstanding rental income potential on a generous 887m² stand. With 3 existing income-generating cottage units already on the property, this is a fantastic opportunity to start earning rental income from day one.
The 3-bedroom main house is spacious and well-designed, making it easy to convert into additional rental units or student accommodation, significantly increasing your monthly return on investment.
Property Features:
- 3 Spacious Bedrooms
- 1 Bathroom
- Separate Dining Room
- Large Kitchen with Separate Scullery
- Wooden Flooring
- Swimming Pool
- Braai Area
- Granny Flat
- 3 Existing Income-Generating Cottage Units
- Secure Fenced Property with Electric Gate
- Ample Additional Parking
- Prepaid Electricity
The property requires a little TLC, making it the perfect value-add investment where renovations can unlock even greater rental income and long-term capital growth.
Whether you’re looking to expand your property portfolio or create a high-yield rental business, this is an opportunity not to be missed!
These nearby amenities make the property highly attractive to tenants, ensuring strong rental demand and excellent long-term investment potential.
Contact us today to arrange your private viewing and secure this income-producing investment before it’s gone!
Points of Interest – 5 Iris Street, Primrose
- Primrose Square Shopping Centre – ±2 km
- Pick n Pay Primrose – ±2 km
- Life Roseacres Hospital – ±5 km
- Primrose High School – ±2 km
- Primrose Primary School – ±2 km
- St Catherine’s Convent School – ±4 km
- Medicross Germiston – ±4 km
- Eastgate Shopping Centre – ±8 km
- Bedford Centre – ±7 km
- OR Tambo International Airport – ±15 km
- Easy access to the N3, R24 and N12 highways, making commuting to Johannesburg, Bedfordview and Edenvale quick and convenient.