11 Bedroom House in President Park
The Ideal Investment Property
OPEN TO OFFERS!!!
Own this 1-hectare great investment mini-estate!!!
Discover this beautifully build and meticulously maintained investment property, ideally located in the heart of President Park AH, Midrand. Enjoy the convenience of being close to key amenities such as Waterfall, Mall of Africa, The Mosque, private primary, high schools and tertiary campuses, and Netcare Waterfall City Hospital. All these are easily accessible via Old Pretoria Road and the Allandale interchange.
This 1-hectare 10,100 sqm Agricultural Holding AH stand is connected to the municipal sewage line, eliminating the need for a septic system. The property features 4 well-built face-brick income-generating residential dwellings. It offers immense potential for a large family, business residential use, a guest house or a retreat villa. The serene outdoor well-manicured garden offers indigenous trees and frequently visiting birdlife.
Primary residence configuration: 480sqm under roof semi-detached 6 bedrooms villa, re-configured into 2 separate dwellings consisting of 4 spacious bedrooms, 2 bathrooms-the main is ensuite, separate large kitchen with a Gas & Electric hob and oven, the dining area opens onto the loungeliving room, which has a wood burner fireplace, the enclosed patio offers views of the lush gardens, double carport and triple garage.
Additional dwellings: All dwellings have private gardens and braai
Dwelling 1: 139sqm double-storey 2 bedrooms, 2.5 bathrooms, 2 lounges one can be used as a 3rd bedroom, a large officegame room space. The kitchen comes equipped with a Gas & Electric hob stove and oven, a built-in fridge, scullery, dining area with a double garage. Monthly income: R15,000
Dwelling 2: 155sqm double-storey 3 bedrooms, 1.5 bathrooms, lounge, kitchen and dining area with a wrapped private garden and a double automated garage. Monthly income: R10,500
Dwelling 3: 75sqm single-storey 2 bedrooms, 1 full bathroom, kitchen and open-plan lounge over looking the green field with built in braai place. Monthly income: R7,900
Extras:
Swimming Pool, Jacuzzi, enclosed outdoor built-in Braai place
Connected to COJ sewage line
3 Phase 60amps Eskom electricity power supply
Solar backup electricity Inverter with 5kVA battery independent from Eskom wiring
5 kVA Honda generator
Gas geysers
2 Staff Quarters & Storage
Workshops & Carports
Property details
- Listing number T5034816
- Property type House
- Listing date 8 Apr 2025
- Land size 1 ha
- Floor size 782 m²
- Rates and taxes R 2 641
Property features
- Bedrooms 11
- Bathrooms 8
- Lounges 3
- Dining areas 2
- Garage parking 5
- Covered parking 7
- Flatlets
- Pet friendly
- Balcony
- Patio
- Pool
- Security post
- Staff quarters
- Study
- Garden
- Built In braai
- Lapa