R 1,200,000

R 1,200,000

14-Room Investment Property with High-Yield Potential in Germiston
14
Bedrooms
3
Bathrooms
Active

14-Room Investment Property with High-Yield Potential in Germiston

Web Ref. MPLS-3587
Land size 495 m²
Floor size 175 m²
Monthly Bond Repayment
calculating..

Secure your future with this exceptional investment property located in a highly sought-after area of Germiston. This well-maintained property is a turnkey solution for any serious investor, boasting a strong potential for high rental returns with existing tenants already in place. The property is specifically designed for rental income, featuring a total of 8 inside rooms with a shared kitchen and a communal bathroom equipped with a shower, basin, and toilet. Adding to its income-generating potential, there are also 6 separate outside rooms that share their own dedicated bathroom and toilet facilities. This unique configuration maximizes occupancy and rental income. The entire property is built for practicality and low maintenance, featuring a spacious, fully paved yard and is securely walled for peace of mind. Prime Location for High Tenant Demand The property's location is a key factor in its investment appeal, ensuring high tenant demand. It is centrally situated with excellent access to a wealth of amenities that cater to a diverse tenant base. For shopping and daily essentials, the property is just a short trip from Golden Walk Shopping Centre and The Reef Shopping Centre. The area also offers a wide range of schools, including Germiston High School and Afrikaanse Hoërskool Germiston, making it an ideal location for tenants with families. Residents will appreciate the easy access to local recreational spots like Victoria Lake (Germiston Lake), which is perfect for various water activities, as well as the nearby Germiston Golf Course. For healthcare, the property is in proximity to several medical facilities, including Life Roseacres Hospital. The property's central location in Germiston offers unparalleled connectivity, providing tenants with easy access to major roads and public transport for a simple commute to Johannesburg and surrounding areas. This is a rare opportunity to acquire an income-generating asset in a thriving community. Contact us today to learn more and secure this valuable investment. 8 Inside Rooms 6 Outside Rooms Kitchen

Features

Property Type Home
Listing Purpose Sale
Municipal Rates R 1000
Pet Friendly Yes
Occupation On Transfer
Levy R 200
Floor Size 175 m²
Property Tags
Simplex Descriptive House Types

Rooms

Bedrooms 14
Bathrooms 3
Kitchen 1
Lounges 1

Amenities

Covered Parkings

Disclaimer

While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.