Save
Notify Similar
R1,000,000
$52,363
£40,659
€47,779

House for sale in Elsburg

Investment Opportunity In Elsburg Gemiston For Grab

Welcome to This Incredible 9 Bedroom Home Investment

Seize the opportunity to own a remarkable property that promises lucrative returns. Situated in a highly convenient area, this investment gem is surrounded by a plethora of amenities that attract potential tenants. With close proximity to reputable schools, efficient public transport links, major highways, and the bustling Golden Walk Mall, this location offers both convenience and accessibility.

The property features nine well-maintained bedrooms, all currently rented out, ensuring immediate income for the new owner. Tenants share access to two communal bathrooms, providing a practical and efficient living arrangement. The communal open-plan kitchen and lounge are equipped with a stove, offering a comfortable and functional space for residents to enjoy.

Additionally, there are two separate bedrooms located outside the main house, accompanied by an external toilet. This thoughtful setup enhances privacy and convenience for all occupants.

One of the standout features of this property is the expansive yard, which presents a fantastic opportunity for investors. The generous outdoor space allows for the construction of additional cottage rooms, providing significant potential for future development and increased rental income.Current income is R10k to R11k.

Do not miss out on this exceptional investment opportunity. With its prime location, existing rental income, and room for expansion, this property is a smart choice for savvy investors looking to capitalize on the growing demand for rental housing. Contact us today to arrange a viewing and secure your stake in this promising venture.

Property Type
House
Reference
2361660
Estimated monthly costs
Understand your true monthly costs by factoring in your loan repayments, utilities, rates & taxes and levies where applicable and supplied by the agent.
R10,321
Home loan repayment
R10,321
Utilities
Enter your estimated monthly utility costs for a property like electricity & water, this will be added to your total estimated monthly costs. This is saved and displayed on other listings you browse.
R0
Property history
Listed for sale at R1,000,000
18 Feb 2025
Get to know Germiston
Germiston, which is named after co-founder John Jack’s childhood home near Glasgow, is situated in the East Rand.
By clicking on "contact" you agree to our privacy policy
Contact Agent
MP home loans expert Michael-Anne
Get expert home loan assistance with Michael-Anne
Ask me a question
What will my building insurance cost?
Get an instant building insurance quote for this bedroom property in Elsburg
Get my price
Cover powered by
Authorised FSP
What will my move cost?
Calculate your moving costs to Elsburg with the help of our moving partners.
Get quotes
Moving powered by
Property questions?
Get quick answers about buying, selling, renting, and more from our AI powered real estate bot
Residential
House
Townhouse
Apartment, Penthouse
Retirement Village
Vacant Land
Agricultural
Farm
Small Holding
Vacant Land
Commercial
Office, Retail, Mixed Use
Industrial
Vacant Land
Hospitality