R1,995,000
R1,995,000
Monthly Bond Repayment R20,932.66
Calculated over 20 years at 11.25% with no deposit.
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Monthly Rates
R859
R859
5 Bedroom House For Sale in The Hill
Prime Property with Dual Residences and Land Space - Development Potential
With 2 houses on a big corner stand and with still enough land to build, this is excellent value and a great opportunity to earn rental income and build your future. You can also build on top of the second house make a double storey or create more rooms and increase your rental income yield.
You can also subdivide the property and have two separate houses with two title deeds which automatically increases your value.
Approved plans on the other side of the property for double garages but you can build cottages instead of garages.
Also good for professional business as it has good exposure and visibility with existing businesses and Highveld Primary School within walking distance. Or live in the one house and rent out the second house to a family, commune or for business.
Close to South Rand Hospital this can be ideal for nursing accommodation.
Property Overview:
- Main House: 3 spacious bedrooms, 2 bathrooms, chef’s kitchen, scullery, dining room, TV room, and lounge. Luxurious porcelain tiled floors.
- Second House: 2 double-sized bedrooms, 2 en-suite modern bathrooms, large lounge, kitchen area leading to a private verandah, and own private entrance. Features double insulation, a strong foundation for future expansion, and underfloor heating.
Key Features:
- Expansive yard space perfect for further development.
- Potential to build a double-storey on the second house, enhancing rental income yield.
- Excellent value for a great investment opportunity.
- Additional features: alarm system, electric fence, beams, burglar bars, security gates, 2-meter high palisade fence, garage, double carport, day-night lights, and colour-changing garden lights.
- Corner stand advantage with potential for two separate entrances. Pre-paid electricity.
Why This Property?
- One of the best properties in The Hill, ready to move in and with superior build quality.
- Perfect for creating a rental income stream or for family commune living.
- Visionary investors can transform this property into a lucrative asset.
Don’t miss out on this pot of gold – seize the opportunity to own a versatile and valuable property!
Call Your Master Agent Of Choice for an exclusive viewing.
Stand size 935 m2
Rates approximately R859
Prepaid Electricity
*Extreme care has been taken to ensure that all representations contained in this advertisement are accurate and is provided on an “as is” basis with no guarantees whatsoever. The representations herein has not been compiled to meet a Purchaser’s individual requirements and it remains the Purchaser’s sole responsibility to inspect the property duly prior to entering into any purchase agreement. The representations herein does not constitute the terms of sale as the images and descriptions are merely indicative. Chas Everitt assumes no responsibility for any errors and we reserve the right to correct/change/update the advert at any time without prior notice.*
Features
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
4
Reception Rooms
3
Exterior
Garages
1
Carports / Parkings
2
Security
Yes
Flatlet
1
Sizes
Land Size
935m²
Extras
Pre Paid ElectricityThe Hill, Johannesburg
Johannesburg is probably South Africa’s most vibrant metropolis; it serves as the capital to the wealthiest province in the country, Gauteng. It is also fondly referred to as “Egoli” or “Jozi”. As well as being the economic hub of the country, it also boasts a wide variety of Johannesburg real estate investment opportunities. From the bright lights and the skyscrapers of the...
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.