4 Bedroom House in North Riding

R 8 500 000

George Aldrich

RE/MAX-Central Sandton

Nicole Hollis

RE/MAX-Central Sandton

4 Bedroom House in North Riding

R 8 500 000

336 spionkop avenue
Can I afford this?
4 Beds
2 Baths
2 Garages
Floor Area 500 m²
Land Area 3.4 ha
Rates R 3000

STAND OF 3,35ha WITH TWO DWELLINGS, STABLES AND PADDOCK

This outstanding property of 33 500m2 in North Riding AH offers several opportunities for the investor looking for a great return on investment:

LOCATION:

*Conveniently situated in Spionkop Avenue, 100m from Aureole and 3km from North Gate Shopping Centre and The Dome.

*Adjacent to the new Retirement Village development currently taking place.

OPPORTUNITIES:

*Live in one house and receive rental income from the other.

*Live in one house and rent the other for Offices and Doctors or Vets rooms.

*Rezone for development of potentially 60du/ha.

*Rent both houses for R30 000 to R40 000 in total per month while the rezoning process takes place.

PROPERTY DESCRIPTION:

This beautiful property is well established with mature trees and rolling lawns. It is completely fenced with its own gate in Spionkop Avenue, as well as a gate in Majuba Street for entry to the second dwelling on the western side of the property.

THE ORIGINAL, MAIN DWELLING:

This consists of four bedrooms (mes), two bathrooms, lounge, dining room, TV room, a spacious kitchen and scullery, garaging for two vehicles, plus an additional covered carport for six vehicles. There is also a wonderful opportunity to convert an area of approximately 150m2 to offices or doctors rooms. This space is separate from, but attached to the main dwelling,.

THE SECOND DWELLING:

This is a recently totally renovated thatch home which features a marvellous spacious veranda overlooking the indigenous garden and refreshing pool. The accommodation includes a main bedroom en-suite with luxurious bathroom plus two enormous bedrooms and a huge loft room which shares the second full bathroom. The eat-in kitchen has a large walk-in pantry. The open-plan living area opens to the covered veranda overlooking the garden. The property, which also has a double garage and a double covered carport, is on approximately 4 000m2 of the total of the 33 500m2 of the total property and is completely fenced with its own separate gated entrance from the western road, Majuba.

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Key Property Features

4
Bedrooms
2
Bathrooms
6
Covered Parkings
2
Garages
1
Storeys
Access Gate
Air Con
BIC
Entrance Hall
Family Tv Room
Fenced
Fireplace
Garden
Kitchen
Laundry
Pantry
Paving
Pets Allowed
Pool
Satellite
Scenic View
Staff Quarters

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George Aldrich

George

Aldrich

Nicole Hollis

Nicole

Hollis

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Experience Northriding to Lanseria

What was previously agricultural land, has been transformed into a bustling residential and commercial hub. The Coca Cola Dome is a well known landmark that provides constant nightlife and live entertainment, drawing people from neighbouring cities. Numerous shopping centres provide locals with opportunities for retail therapy and socialising. Luxurious estates, private schools, top-class healthcare, retirement villages and other facilities are contributing to the upward trend in this bustling, rapidly developing area.

Find out more about Northriding to Lanseria

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