R 1,500,000
Investor’s Dream Property – Rosettenville, Prairie Street.
Ref # 2402719 : Rosettenville Ext 1 , Johannesburg , Gauteng
Property Details
Discover a unique opportunity to invest in a spacious, income-generating property located in the vibrant neighborhood of Rosettenville.
This property offers an exceptional combination of luxurious living and profitable investment potential, making it an ideal choice for savvy investors.
Main House Features:
The main house boasts 3 generously sized bedrooms, with the grand main bedroom featuring a walk-in closet and a luxurious en-suite bathroom. The modern, fully fitted kitchen is equipped with premium finishes, perfect for culinary enthusiasts or appealing to high-end tenants. Enjoy quality family time or entertain guests in the spacious lounge and dining room. Additionally, a braai area and ample open space provide the perfect setting for outdoor enjoyment or potential further development.
Rental Income Potential:
This property includes 4 large flatlets, each equipped with prepaid electricity and separate meters, generating a current rental income of approximately R8,000/month. There is also an additional studio/workshop or man cave on the property, ideal for conversion into another rental unit or personal use, enhancing the property's rental yield potential.
Security & Structure:
Safety and security are paramount, with the property being fully walled with a 3-meter-high perimeter enhanced by barbed wire and spikes. Secure, private entry ensures peace of mind for both residents and tenants, along with ample open parking space.
Location Benefits:
Situated in a well-established, high-demand rental area, this property benefits from proximity to major transport routes, shopping centers, schools, and other essential amenities. Nearby educational institutions include Kenilworth Secondary School, Highveld Primary School, Forest High School, and several private academies. Shopping conveniences are abundant with Total Bonjour, Mall @ The Junction, The Market, and THE GLEN SHOPPING CENTRE all within easy reach.
Whether your goal is to generate immediate passive income, expand your property portfolio, or enjoy comfortable living while renting out multiple units, this property offers unmatched potential.
Don’t miss this opportunity – contact us to arrange a private viewing today!
Property Features
- Property Type House
- Beds 3
- Bath 2
- Open Parking 1
- Building Size 366m²
- Land Size 519m²
- Living Area 3
Associated Costs
- Rates & Taxes ± 3500
Location
Enquiry
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