Property
Description
Property Description
An opportunity for the investor, entrepreneur or business-minded property buyer looking to acquire a substantial residential property with the potential to create more than just a family home. Situated in the established suburb of Meredale, Johannesburg South, this four-bedroom property offers generous accommodation, modern living areas and an exceptionally large entertainment component – characteristics that could make the property an interesting proposition for a buyer considering a guest house, boutique accommodation or short-term rental concept, subject to the necessary municipal approvals and applicable regulations. The property is positioned on approximately 430 m² and comprises four bedrooms and three bathrooms, providing an accommodation base for a potential hospitality operation. The large lounge flows into an open-plan dining area and modern kitchen, creating a spacious communal environment, and the property’s large entertainment area is one of its strongest features for an entrepreneurial buyer: with the right vision and appropriate council approvals, that space could potentially be incorporated into an accommodation offering, guest entertainment area or lifestyle-focused hospitality concept. The double garage provides additional secure parking and practical functionality for either residential occupation or a potential business-use configuration. Potential strategies could include a boutique guest house or guest accommodation, short-term accommodation, executive or corporate accommodation, a long-term room rental model, a premium family residence, a live-in owner-operated accommodation business, or a renovation and resale opportunity. Any conversion of the property to a guest house, short-term accommodation establishment or other business use is subject to applicable zoning, consent-use, municipal approvals, licensing and other regulatory requirements, and prospective purchasers are advised to conduct their own independent due diligence before bidding.
Features
4 Bedrooms
3 Bathrooms per the description; the feature schedule records 4
Modern kitchen; large lounge flowing into an open-plan dining area
Large entertainment area
Study / home office
Double garage
Garden / landscaping; balcony / patio
Stand / erf size: 429 m²; gross lettable area: 350 m²
Zoning: Residential 1
Monthly rates and taxes: R800
Security (alarm, electric fence, CCTV): recorded as not applicable in the source schedule
Area Description
Meredale is an established residential suburb in Johannesburg South, within the City of Johannesburg Metropolitan Municipality, lying between Winchester Hills, Mondeor and Comptonville on the southern side of the city. It is a settled, mid-market area of freestanding homes on full-sized stands, with convenience retail at the Comptonville node under a kilometre from the property and the Vaal Choice Clinic on Stanley Avenue about a kilometre east. Southgate Mall in Mondeor, the main regional shopping centre for Johannesburg South, is roughly one and a half kilometres north-east, and Netcare Mulbarton Hospital some eight and a half kilometres east. The N1 Western Bypass and the southern arterials carry traffic into the Johannesburg city centre and out towards the Vaal.
Area Amenities
Comptonville retail node – 0.7 km
Vaal Choice Clinic, Stanley Avenue, Meredale – 1.1 km
Southgate Mall, Rifle Range Road, Mondeor – 1.5 km
Elethu Themba Public School, Kliprivier Road, Eikenhof – 6.7 km
Netcare Mulbarton Hospital, True North Road – 8.7 km