12 Bedroom House in Bellevue

An exceptional investment opportunity awaits in Bellevue, Johannesburg!

This spacious freehold property comprises four fully tenanted apartments, each offering three bedrooms, a bathroom, a kitchen, a living room, two balconies and its own geyser.

Property Features and Investment Highlights

Four Fully Tenanted Apartments: Generate rental income from day one, subject to verification of existing leases and rental payments.

Individual Prepaid Electricity Meters: Each apartment has its own prepaid meter for convenient electricity management.

Strong Rental Potential: With minimal renovations and improved rental optimisation, the property has the potential to generate over R30,000 per month.

Additional Cottage: A separate cottage currently occupied by the caretaker, with the potential to generate rental income of R2,500 or more per month, subject to availability and suitability for letting.

Future Development Potential: The property has additional open space that may be suitable for conversion into commercial space or further residential development, subject to the necessary municipal approvals and zoning requirements.

Why Invest in This Property

With four existing rental units, an additional cottage and potential opportunities to increase rental income, this property presents an exciting opportunity for investors looking to grow their property portfolio and maximise returns.

Whether you are an experienced property investor or looking to expand your rental portfolio, this opportunity is worth exploring.

Asking Price: R1,700,000

Contact us today to arrange your private viewing and explore the investment potential of this property.