This multi-dwelling property is located in Simmerfield Germiston, in the heart of the East Rand close to Main Reef Road (R29), and only 3.7km from Village View Shopping Centre and 4.3km from Eastgate Shopping Centre.
The property is centrally located near various schools, medical facilities, restaurants, and all the necessary amenities with easy access to the N3 Eastern bypass and the R29.
The house was divided into 5 dwelling units each with a private entrance, kitchen, living area, and bathroom. Each flat is self-contained with a water meter, a pre-paid meter, a 2-plate gas stove, and a gas geyser.
The potential combined monthly income for the property is R18,950.00 p/m.
The property consists of:
1 x 2-bedroom flat
3 x 1-bedroom flats
1 x Bachelor’s flat.
Outside you will find a large garden, a courtyard, a double garage, and ample open parking.
The double...
This multi-dwelling property is located in Simmerfield Germiston, in the heart of the East Rand close to Main Reef Road (R29), and only 3.7km from Village View Shopping Centre and 4.3km from Eastgate Shopping Centre.
The property is centrally located near various schools, medical facilities, restaurants, and all the necessary amenities with easy access to the N3 Eastern bypass and the R29.
The house was divided into 5 dwelling units each with a private entrance, kitchen, living area, and bathroom. Each flat is self-contained with a water meter, a pre-paid meter, a 2-plate gas stove, and a gas geyser.
The potential combined monthly income for the property is R18,950.00 p/m.
The property consists of:
1 x 2-bedroom flat
3 x 1-bedroom flats
1 x Bachelor’s flat.
Outside you will find a large garden, a courtyard, a double garage, and ample open parking.
The double garage has the potential to be converted into a 6th residential unit which can also be rented out for additional income.
All the leases are on a month-to-month basis.
Proposed Road Closure Application
The property is currently situated next to a boomed-off area. There is a proposed road closure application which includes the potential road closure which has been made to also include the area including this property in the closed-off area with access-controlled boomed gates.