7 Bed House in Allandale
R 1 800 000 Offers from R 1 600 000
2 Bedroom investors Dream home for sale
This property is located in a quite suburb of Allandale, Midrand. The property offers you a unique opportunity to own a 2 bedroom house with a boast of the five (5) cottages that can generate a steady rental income.
The main house features 2 bedrooms, a kitchen that''s opens up to a living room and a bathroom. The house is well maintained, and the yard has completed with outside Unit that are currently for rental. Unit 1 and 2: Two spacious bedroom fitted with built-in wardrobes, open plan kitchen, seating area and bathroom.
Unit 3: Two spacious bedrooms fitted with built-in wardrobes, separate kitchen, seating area, bathroom and extra toilet.
Unit 4 One spacious bedroom fitted with wardrobes, kitchen, seating area, and a bathroom.
Unit 5 is rented out for a business saloon and all units are fitted with prepaid electricity meters.
The owner can use the rental income to generate to pay most if not all his/her bond. There is also an opportunity to rent out the main house if the owner is a pure investor.
The property is close to licensing traffic department, public transport, schools and shopping centers.