As per the letter from the Town Planner. The property allows for 9 Units as per the Johannesburg Town Planning Scheme. Convert the existing house into individual units and add additional units.
The potential income would be approximately R 80 000/month with the current rental market.
You can also sub-divide the property into 6 individual stands. The potential is endless.
There is an existing house on the property. 3 Bedroom Home with 2 bathrooms, main en-suit
Pub and entertainment leading onto the swimming pool area
Spacious lounge with a fire place
Parque flooring throughout except kitchen and bathrooms
Separate dining room
Large kitchen with plenty of cupboard space
Alarm system and electric fence
Flat consisting of one bedroom, bathroom, kitchen and lounge
Big swimming pool set in a expansive garden
There are 4 carports and a borehole on the property.
The Property is 2974m2, fairly big stand.
Give us a call to view this property.
