7 Bed House in Colbyn

This property is for the serious investor, with excellent exposure from Church Street.

Are you currently renting office space? THIS IS YOUR SOLUTION You can own your own property.

The main home, is a spacious 303 m2 and has been rezoned for offices, a church, pre-school etc.

Additional to the main building are 2 apartments/flats with private entrances respectively 32 m2 and 73 m2 in size. Currently the smaller flat is let at R5500 while the bigger one is occupied by the owner. Possible income on this flat is R8500 - R9500/month.

Outside buildings consist of a kitchen with service hatch facing the covered entertainment area. All combined by a lovely tranquil garden with very old trees.

A domestic room with a toilet is outfitted and can also be used as an extra ablution room.

The main building has an entrance hall, 5 spacious rooms, dining room area plus a storage room, 2 bathrooms of which one is en-suite.

Parking facilities are two tandem secure spaces for 3-4 cars each on 2 sides of the house. Parking for 7 cars is available at the front.

Possibilities are endless. Ideal for smaller tenants as offices or small businesses, tea garden, even a nursery school, doctors offices, lawyers offices etc. A restaurant might be a winner in this neighborhood.

Future income possibility: 73m2 = R9,000

32 m2 = R6,500

5 rooms @ R5,500 each

This type of property is scarce especially in this area.

1.2 km from Gautrain station, Hatfield Shopping Centre and 2 hospitals.

2 Shopping centers in Queenswood is just around the corner.

Contact Erwin today to view this rare find.