Unlock rental income and flexible family living in an established neighborhood—generous 887m² stand with character wood floors, pressed ceilings, three cottages and pool to restore; 3 bed, 1 bath.
Calling all investors and renovators! This spacious property offers incredible potential for those looking to restore and maximize value. Situated on a generous stand, the main house features 3 bedrooms, 1 bathroom, a large lounge, and a spacious kitchen with separate scullery. Character-filled features such as wooden flooring and pressed ceilings add charm and potential to this home.
The property also includes 3 separate cottages, making it ideal for rental income opportunities:
Cottage 1: Lounge, bedroom, bathroom, and small kitchenette
Cottage 2: Small living area with kitchenette, bathroom, and bedroom
Cottage 3: Bachelor unit with kitchenette and bathroom
Each dwelling has its own prepaid electricity meter for added convenience and easy tenant management.
Additional features include a swimming pool (currently not in working condition).
This property requires renovation and maintenance but offers endless possibilities for the right buyer. Ideal for investors, extended families, or those looking to create a multi-let income-generating property.
Don’t miss out on this opportunity to unlock the full potential of this unique property!
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,200,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 31 listings in Primrose
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Market depth
31 similar listings
Medium similar-home inventory in Primrose
Median time on market: 109 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Primrose is a well-established, family-oriented residential suburb in Germiston that offers residents a convenient lifestyle with easy access to major industrial hubs and essential urban amenities.
* Distances and amenities are approximate.