We are pleased to present an exceptional investment opportunity in the heart of Klipoortjie – a spacious 12-bedroom property that is ideally suited for those seeking a profitable venture in the rental market. Set on an impressive 1,220 sqm stand, this property boasts significant development potential and is strategically located near essential amenities, including schools, shopping complexes, and main thoroughfares such as the N17 highway, providing seamless access to Germiston, Johannesburg CBD, and the airport. The main residence features a thoughtfully designed layout, including 7 generously sized bedrooms, a welcoming dining room, a functional kitchen, a comfortable lounge, and a well-appointed bathroom. Complementing the main structure, the property includes 6 external rooms, providing additional rental opportunities and another bathroom for convenience. Current rental rates are structured to maximize yield, comprising: - 1 large room at R1,800 - 4 spacious rooms at R1,500 each - 2 medium rooms at R1,600 each - 4 smaller rooms at R1,300 each - 5 medium rooms at R1,300 each - 1 smallest room at R1,100 With a robust rental income of approximately R18,000, this property not only promises solid returns but also offers a unique chance to capitalize on the thriving rental market in the area. We invite you to explore this remarkable opportunity and envision the potential this property holds. Don't miss your chance to invest in a prosperous future.
