24 Bedroom House in Turffontein

EXCEPTIONAL INVESTMENT OPPORTUNITY

Outstanding mixed-use investment in Turf Club!

Two adjoining fully-tenanted properties on 2,670sqm stand generating R70,000 gross income pm.

Zoning: Res 4 Height restriction: 4 floors, dual Zoning entrances, ample parking, and space for further development. Solid returns and long-term growth potential.

Combined Stand Size: 2,670 sqm

Fully Tenanted | Nett Income R55,000 pm

Seize this rare opportunity to own two income-generating properties on one combined stand in the heart of Turf Club - a high-demand area with consistent rental occupancy and excellent access to key transport and amenities.

Currently fully tenanted, this property offers a gross monthly rental income of R70,000 and approximate net income of R55,000, making it a lucrative acquisition for serious investors seeking immediate cash flow and long-term growth.

PROPERTY 1 - Residential Home

A beautifully maintained, solid family residence offering:

- 4 spacious bedrooms main en-suite

- 2 modern bathrooms

- Fully fitted kitchen with walk-in pantry &amp separate scullery

- Lounge, entrance hall TV room, study boardroom

- Pressed ceilings and wine cellar in basement

- Laundry &amp single staff room

- Sparkling blue swimming pool and landscaped gardens

- Security: alarm system, CCTV, full burglar proofing, and electric fencing

PROPERTY 2 - Commercial Dwelling

Single-storey building designed for high-density

occupancy and maximum return:

- 19 rental rooms, serviced by 9 bathrooms toilets &amp showers

- 1 self-contained flatlet 2 bedrooms, fitted kitchen, bathroom, living area

- Also on same stand is separate single storey building of 4 self-storage units.

- All 19 Units are fitted with prepaid electricity

- Hot water via 1 electric geyser and 4 gas geysers for the 22 Units.

Parking &amp Grounds

- 14 undercover parking bays open parking for approx. 13 cars

- Total parking capacity: 27 vehicles

- Separate entrances for each property

- Ample yard space for further development or vertical expansion Res 4 zoning allows up to 4 floors

Prime Location

Ideally located near Turffontein, within walking distance to public transport metro bus &amp taxi routes, schools, shopping facilities, and places of worship. Quick access to major routes and highways ensures convenience for tenants and owners alike.

DAZZLE REALTORS PTY LTD trading as REMAX Dazzle Boksburg operates in terms of a franchise agreement with REMAX of Southern Africa.