R14,000,000

23 bedroom house for sale in Bryanston

Income Property With Infinite Possibilities In Suburb Of Bryanston

If Location, Security, tranquility, and Income generating property is what you are looking for then LOOK NO FURTHER!

Modern and well maintained 4-bedroom double story family home with Abundant natural light, multiple living arears, Open Plan Kitchen, scullery, and Pantry.

Eclectic charm all around with spacious offices in separate entrance making this a home and convenient business center.

This home is a perfect fit for a family looking for space. Convince, Security indoor and patio entertaining overlooking the pool. Tucked away is a charming entertainment room with Bar full of that Scotland charm and warmth.

Wait there is more:

3 x one bedroom income generating cottages with shaded net parking.

16x Income generating bachelor apartments recently built.

The property is in an upper-income residential area with multiple surrounding amenities in proximity such as Nicolway Shopping Centre, Petrol Stations restaurants, Private Schools and the list goes on and on and on.

POTENTIAL GROSS INCOME

BEDSITTER APARTMENTS:

No. of Units Rental p.m. TOTAL

Ground Floor: 8 R5 500 R44 000

First Floor: 8 R6 000 R48 000

1-BEDROOM COTTAGES:

1 R6 000 R6 000

1 R6 500 R6 500

1 R7 000 R7 000

4-BEDROOM RESIDENCE:

1 R28 000 R28 000

Sub-Total: R139 500 Per Month

R1 674 000 Per Annum

NOTES ON INCOME:

BEDSITTER APARTMENTS:

Units presently let per Income as above and considered Market Related

1-BEDROOM COTTAGES:

Units presently let per Income as above and considered Market Related

4-BEDROOM RESIDENCE:

A "fair-market" rental of R28,000 per month ascertained.

Property Type
House
Bedrooms
23
Bathrooms
21
Stand Size
3,099m²
Building Size
Living Area
3
Garages
2
Garden
Yes
Address
3 Coventry Rd
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Get to know Bryanston
First named as an area in 1949, the affluent suburb of Bryanston is home to some of South Africa’s most sought-after real estate. The area was established as a suburb of Sandton in 1969, however, now forms a part of the Johannesburg Metropolitan Municipality. While property used to consist of large plots and smallholdings, today the area is divided equally among security estates, free-standing homes, and sectional title units.
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house listed on 16 Jun 2021