Commercial space in Germiston South

Investment Property Overview

Main House Features:

- Bedrooms: 5 spacious bedrooms

- Lounge Areas: 3 separate lounges for versatile living and entertaining

- Kitchens: 2 fully equipped kitchens

- Bathrooms: 2 bathrooms, providing ample convenience

- Entrance Halls: 2 separate entrance halls for privacy and ease of access

- Basement Rooms: 2 basement rooms suitable for storage, offices, or additional living space

- Garage andamp Carport: Secure garage plus a carport for multiple vehicles

- Swimming Pool: Private swimming pool for recreation and leisure

Additional Living Space:

- Total Rooms: 16 rooms, including the main house and additional units

- Bathrooms: 2 bathrooms in total

- Separate Tenant Entrance: Ensures privacy for tenants and owners, making it ideal for rental income

Investment andamp Income Details

- Current Monthly Income: R25,200

- Gross ROI: 15.51

- Potential Expansion:

- Conversion of the existing 5 bedrooms, 2 lounges, 2 kitchens, 2 basement rooms, and garage into a flatlet

- Estimated additional income: R23,000

- Total Potential Income: R48,200

- Projected ROI after Conversion: approximately 30

Area andamp Location Highlights

Educational Institutions Closest First:

- Closest Secondary School: Acres Secondary School 0.53 km Private - Combined

- Braintrust College: 0.58 km Private - Secondary

- Galway Primary School: 0.74 km Public - Primary

- Germiston South Primary School: 0.86 km Public - Primary

- Cladelton International College: 1.09 km Private - Secondary

- Besek College: 1.20 km Private - Combined

- Individual Teaching College: 1.33 km Private - Primary

- Ekurhuleni Primary School: 2.20 km Public - Primary

- Germiston High School: 2.40 km Public - Secondary

- Afrikaanse Horskool Germiston: 2.57 km Public - Secondary

Shopping andamp Commercial Centres:

- Closest Shopping: Southern Square 0.26 km

- Shell Shop: 0.47 km

- Golden Walk Shopping Centre: 0.60 km

- Station Bazaar: 0.78 km

- Total Bonjour: 1.10 km

- Engen One Plus: 1.38 km

Summary

This property offers a lucrative investment opportunity with multiple income streams, spacious living areas, and excellent location proximity to educational institutions and shopping centers. The potential for increased rental income through conversion makes it a highly attractive option for investors seeking high ROI.

REAPING HARVEST INVESTMENTS 73 PTY LTD trading as REMAX All Stars Germiston operates in terms of a franchise agreement with REMAX of Southern Africa.