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Property
Description

Property Description

2 X Semi-Detached Units 2 X Separate Entrances Approximate gross Income : R15000/pm. Each unit consists of 2 Bedrooms, a Bathroom, Lounge, Dining Room, Kitchen. The entire property has currently been split into 11 Bedrooms. Part of a deceased estate. There is a caretaker on the property, yet the property is being mismanaged, which may provide the prospective purchaser with an opportunity to generate attractive returns. This is a high demand property for rental due to the properties convenient location, which is within walking distance to Louis Botha Ave, BRT System, and other forms of transport. The property is close to schools, shops and other amenities.

Features

Deceased Estate

Fully Let

2 x Semi-Detached Units

High Demand Node

High Income Potential

2 Separate Entrances  

11 Bedrooms in total  

Communal Kitchen and Bathroom  

Land Size - 495; Under Roof +- 430

Area Description

Orange Grove is a vibrant neighborhood and is known for its diverse community, tree-lined streets, and historical charm. A pretty suburb that is conveniently situated close to Sandton, which is an important commercial and retail hotspot for visitors to Johannesburg. It is surrounded by the suburbs of Houghton Estate, Fairwood, Mountain View, Norwood, Victoria and Orchards.

Area Amenities

Shopping centres

Linksfield Clinic

Private and non-private schools

Places of worship

Main roads and highways

PROPERTY TYPE:
Residential

PROPERTY ADDRESS:
26A & B 9th Street , Orange Grove - Property Ref: f108158, Johannesburg , Gauteng

AUCTION ADDRESS:
Masingita House , 41 West Street , Houghton Estate , Johannesburg , Gauteng

AUCTION DATE:
2024-05-07

AUCTION START TIME:
11:00

KEY FEATURES

ERF SIZE: 495m2 | GBA: 430m2


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