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R2,100,000

3 bedroom house for sale in Norkem Park

3 Beds
2 Baths
2 Garages
1,007m²
Reduced
An Investment Property With 2 Houses

### Exceptional Investment Opportunity: Two Houses for the Price of One

Welcome to this unique investment property offering not just one, but two houses on a single plot, providing an exceptional opportunity for both residential living and income generation. This versatile estate is strategically designed to maximize your return on investment while offering a variety of living and commercial spaces.

The first house on the property features 3 spacious bedrooms and 2 full bathrooms, currently rented out to reliable tenants. This residence boasts a comfortable layout, making it an attractive rental property that ensures a steady stream of income.

The second house adds even more value to the package, comprising four bachelor cottages, a fully operational saloon, and a massage parlour. Each of these units is fully leased out, guaranteeing consistent rental income. The cottages provide cozy living spaces that are highly sought after, while the commercial units attract regular clientele, ensuring high occupancy rates year-round.

This dual-property setup is fully let out, making it a high-yield investment with an impressive rate of return. Whether you're an experienced investor looking to expand your portfolio or a newcomer seeking a profitable venture, this property offers unmatched potential.

Don't miss out on this rare opportunity to own a multi-faceted investment property that promises substantial returns. Contact us today to schedule a viewing and explore the endless possibilities this property has to offer.

Property Type
House
Bedrooms
3
Bathrooms
2
Stand Size
1,007m²
Living Area
1
Garages
2
Flatlet
Yes
Garden
Yes
Reference
2318121
Property history
Listed for sale at R2,100,000
08 Aug 2024
Price reduced by 4.8% to R2,000,000
25 Sep 2024
Price increased by 7.5% to R2,150,000
06 Oct 2024
Price reduced by 2.3% to R2,100,000
27 Oct 2024
Get to know Kempton Park
The city of Kempton Park is situated in the East Rand and serves as an important link for many businesses due to its proximity to Johannesburg and OR Tambo International Airport.
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