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Property
Description

Property Description

Welcome to this amazing investment opportunity in the tranquil area of Sydenham. This property has been split into four different size income generators ranging from a smaller lofted apartment all the way up to a 2-bedroom home with an outside entertainment area. The main house consisting of three spacious bedrooms is a perfect family home where one can move their family in and rent out the additional units providing bonus income. The first unit is a one-bedroom apartment with an open plan kitchen and living area accompanied by a comfortable bedroom upstairs. The second unit is built for a student or young person alike with a small kitchen and sitting area. This unit also has a lofted styled bedroom with a wooden staircase and glass sliding door. The third unit is the second largest of the four with two upstairs bedrooms. An open plan kitchen lounge and dining with a guest loo. The fourth unit on this property has two spacious bedrooms with built-in cupboards, A lounge area for the family to be together. The kitchen is modishly fitted with large granite counters and a breakfast nook or island counter in the centre. This unit has its very own outside garden area. A Lapa with built-in braai will make for good entertainment in the hotter months and this also makes owning animals much easier. A remote-access gate allows on in and out the property. There is ample parking space for all units along with a double shay cloth carport and 2 car garages. If the property is fully rented one you can expect a return of R35 000.00 per month. The property is well situated and is close to many main shopping districts, schools, and hospitals. Don’t miss out on this amazing investment opportunity.

Features

• Main 3 Bedroom House.

• Remote access gate.

• Rates and Taxes: R810.67

• 4x rent generating units. 

• Double car garage. 

• Double car shay cloth carport.

• Ample parking space.

• Remote access gate.

• Pedestrian access from the street.

• Built-in braai.

Area Description

Sydenham is a suburb of Johannesburg, South Africa. It is located in Region E of the City of Johannesburg Metropolitan Municipality. The suburb is surrounded by the area of Orchards, Orange Grove, and other smaller suburbs. Close to many schools and shopping districts. This is a very central part of Johannesburg only 15 min away from the CBD and 20min away from Sandton and Rosebank. 

Amenities

Netcare Linksfield Hospital 0,35KM

Maryvale College High School 0,79KM

Boston Nsc Open Distance Education 0,94KM

Fairmount Centre 1,12KM

Damelin - Eden 2,62KM

PROPERTY TYPE:
Residential

PROPERTY ADDRESS:
75 Pembroke Street , Sydenham - Property Ref: F107026, Johannesburg , Gauteng

AUCTION ADDRESS:
75 Pembroke Street , Sydenham , Johannesburg , Gauteng

AUCTION DATE:
2021-04-22

AUCTION START TIME:
12:00

KEY FEATURES

ERF SIZE: 1002m2 | GBA: 550m2

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