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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