Income-Generating Property with Outside Rooms!!!
This strategically located property presents a remarkable opportunity for buyers seeking a secure investment with immediate rental returns in the highly desirable Elandsfontein area of Germiston. This area is renowned for its strong rental demand, largely due to its proximity to major employment centers, making it an attractive option for investors or those seeking to live and earn.
Discover this spacious home designed for both comfort and functionality. Offering a 3 well- sized bedroom home, 2 bedrooms featuring built-in cupboards.
Complimenting with 2 bathrooms, the main bathroom is equipped with a bathtub, basin and a toilet, ideal for family use. The second bathroom, while currently not operational and utilized for storage, features a shower and toilet and offers a potential for renovation and enhancement.
An open-plan and spacious lounge is designed for relaxed living, creating a welcoming atmosphere for family gatherings or entertaining guests and a separate Dining Area perfect for enjoying family meals and entertaining, providing a dedicated space for dining. Well-sized kitchen with plenty built it cupboards offers a practical layout and functionality.
The property sits on approximately 500 m2 of land, providing a large outdoor space that can be tailored to personal preferences, whether it be landscaping or additional recreational areas.
This property includes 5 outside rooms, and a single toilet, one of which is a garage can easily be converted back to being a garage if need be. These rooms are currently generating approximately R7,000 per month in rental income, making this an attractive investment.
Tenants Already in Place, which provides immediate cash flow from day one, ensuring a steady income stream for the new owner.
Additional Features
Double carport and additional parking. The large yard offers exciting possibilities for future enhancements or expansion, allowing for creativity in maximizing the property's value.
Situated in the bustling Elandsfontein area, this property is conveniently located near key industrial and business hubs, including Isando, Jet Park, Meadowdale, and Sabenza.
Located approximately 5 km from the airport, this property is ideal for business travellers or those working in aviation-related fields. Within 500 metres, residents will find Sizwe Secondary School and the Sports School of Excellence (soccer academy), underscoring the area's family-friendly appeal.
The property is close to Klopper Park and Emperors Palace, offering entertainment and leisure options. Excellent Public Transport Access with convenient access to taxi routes and a nearby train station, commuting to surrounding areas is easy and efficient.
Book your private viewing today!!!
