R1,750,000
Monthly Bond Repayment R18,964.87
Calculated over 20 years at 11.75% with no deposit.
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Monthly Rates
R1,094.47
R1,094.47
Investment Opportunity
Nestled in the tranquil, sought-after neighbourhood of Orange Grove, right on the cusp of Linksfield, this robustly constructed home presents a golden opportunity for investors. Recently renovated into a multi-tenanted property, it boasts two one-bedroom apartments, each featuring warm parquet flooring, built-in cupboards, an en-suite bathroom, and an open-plan kitchen and living room adorned with attractive tiling. The pièce de résistance is the breathtaking view of the Johannesburg skyline visible from the living room windows. Additionally, a spacious two-bedroom apartment offers the same luxurious amenities, including ample cupboard space and enchanting views that captivate the eye. For those seeking a cozy yet spacious living arrangement, the property also includes a studio/bed-sitter apartment with a cleverly designed layout that maximizes space without compromising comfort. Safety is paramount, with each tenant enjoying the privacy of their own entrance gate and the security of an electric fence encircling the property. In addition the property offers 1 x studio apartment, with kitchen and bathroom. In case of emergencies, CAP security services are instantly accessible via a panic button. A large, lock-up garage with a roll-up door provides ample storage for the owner. Currently, the property enjoys full occupancy with existing leases generating a lucrative monthly income. With the potential to transition into a high-end Air B&B setup, this property is not just a home; it's a versatile investment with endless possibilities.
Features
Pets Allowed
No
Interior
Bedrooms
5
Bathrooms
5
Kitchen
3
Reception Rooms
4
Furnished
No
Exterior
Garages
1
Security
No
Parkings
4
Flatlet
4
Pool
No
Sizes
Land Size
495m²
Extras
24 Hour Access; Accommodation; Bachelor Studio; Courtyard; Double Parking; Garden Flat; Granny Flat; Tiled Floors; Electric Fencing; Parquet Floors
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