- 5
- 2
- 1
- 986 m2
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Monthly Bond Repayment ZAR .
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Property description
### Investment Property Overview
**Main House Features:**
- **Bedrooms:** 5 spacious bedrooms
- **Lounge Areas:** 3 separate lounges for versatile living and entertaining
- **Kitchens:** 2 fully equipped kitchens
- **Bathrooms:** 2 bathrooms, providing ample convenience
- **Entrance Halls:** 2 separate entrance halls for privacy and ease of access
- **Basement Rooms:** 2 basement rooms suitable for storage, offices, or additional living space
- **Garage & Carport:** Secure garage plus a carport for multiple vehicles
- **Swimming Pool:** Private swimming pool for recreation and leisure
**Additional Living Space:**
- **Total Rooms:** 16 rooms, including the main house and additional units
- **Bathrooms:** 2 bathrooms in total
- **Separate Tenant Entrance:** Ensures privacy for tenants and owners, making it ideal for rental income
### Investment & Income Details
- **Current Monthly Income:** R25,200
- **Gross ROI:** 15.51%
- **Potential Expansion:**
- Conversion of the existing 5 bedrooms, 2 lounges, 2 kitchens, 2 basement rooms, and garage into a flatlet
- Estimated additional income: R23,000
- **Total Potential Income:** R48,200
- **Projected ROI after Conversion:** approximately **30%**
## Area & Location Highlights
#### Educational Institutions (Closest First):
- **Closest Secondary School:** Acres Secondary School – 0.53 km (Private - Combined)
- **Braintrust College:** 0.58 km (Private - Secondary)
- **Galway Primary School:** 0.74 km (Public - Primary)
- **Germiston South Primary School:** 0.86 km (Public - Primary)
- **Cladelton International College:** 1.09 km (Private - Secondary)
- **Besek College:** 1.20 km (Private - Combined)
- **Individual Teaching College:** 1.33 km (Private - Primary)
- **Ekurhuleni Primary School:** 2.20 km (Public - Primary)
- **Germiston High School:** 2.40 km (Public - Secondary)
- **Afrikaanse Hoërskool Germiston:** 2.57 km (Public - Secondary)
#### Shopping & Commercial Centres:
- **Closest Shopping:** Southern Square – 0.26 km
- **Shell Shop:** 0.47 km
- **Golden Walk Shopping Centre:** 0.60 km
- **Station Bazaar:** 0.78 km
- **Total Bonjour:** 1.10 km
- **Engen One Plus:** 1.38 km
### Summary
This property offers a lucrative investment opportunity with multiple income streams, spacious living areas, and excellent location proximity to educational institutions and shopping centers. The potential for increased rental income through conversion makes it a highly attractive option for investors seeking high ROI.
Property Details
- 5 Bedrooms
- 2 Bathrooms
- 1 Garages
- 3 Lounges
Property Features
- Pool
- Storage
- Fence
- Kitchen
- Entrance Hall
- Paving
- Family TV Room
| Bedrooms | 5 |
| Bathrooms | 2 |
| Garages | 1 |
| Erf Size | 986 m2 |
