Web Ref No RL31007

The property is built very well, kept in pristine condition, and highly versatile (suitable for a big family unit, letting purposes, and small business); has ample parking space for its land size (two lock-up garages and two carports); a functional layout (allowing for easy access to the back areas, security and privacy for all inhabitants on site, proportionate allocation of garage and covered parking space on opposite ends of the property); a minimalist garden with little maintenance (ideal for the get up and go type of owners who have very little time, not to mention garden enthusiasts with green fingers); situated in a very good location; and has very good security (alarm system, CCTV, and electric fence around it); and privacy (a palisade fence and brick wall combination perimeter enclosure). Outbuildings can be used as they are (2 bed flat-let and 1 big outside room, or it can be converted into two I bed self-contained flat-lets). The main house also can be easily converted in to two units, each with its own kitchen, bathroom, 2 beds, lounge, and a dining area). These specifications present a plethora of very good options for homebuyers with big families; small families looking to subsidize their income by renting out outbuildings; rental investors looking to optimize their rental income and returns; and business owners looking to set up a small office space in a convenient location.

The property is surrounded by major arterials like Albertina Sisulu Road, N3 Eastern Bypass, Gillolly's Interchange, the R24, M2 East and M2 West, and M1 Motorways thus making it very easy to slip in and out in heavy traffic situations; close to all public and private schools in Observatory (Observatory East Primary School, Sacred Heart College, Rand Tutorial College, Observatory Girls Primary School, Athelone Girls High School); Kensington (Kensington Secondary School, Jeppe Girls, Jeppe Boys, Leicester Road School); Bedfordview (Bishop Bavin School, Reddam House, Bedfordview Primary School, Crawford International, St Benedict's College, Leeuwenhof Akademie, Bedfordview High School, Assumption Convent School); Jeppestown (Dominican Convent School, Denver Primary School, Denver Secondary School); Bezuidenhouts Valley (Rand Preparatory School, Queens High School, Athelone Boys High School), Sir Edmund Hillary School); institutions of higher learning (University of Johannesburg, Wits University, Wits Business School, GIBS Business School and the like); and a stone sling from the Johannesburg City Centre, shops (Eastgate Shopping Centre, Bedford Centre, Bedford Village); recreational facilities (Ellis Park Rugby Stadium, Johannesburg Stadium or FNB Stadium); transport (Gautrain, Rail transport, minibus taxis and the like); and other private and public amenities most notably health, traffic, courts, SAPS, SARS, COJ, etc.

If you are looking for a rental income property (the facility has the potential to generate a minimum rental income of R18 000 per month); if you are looking at living in the house and subsidizing the bond with outbuildings (flat-lets have the potential to generate a minimum rental income of R7 000 per month). If you are looking at setting up a business office (you and your clients have the best of both worlds, unencumbered and easy access to the site which has proximity to both the residential and commercial sections of the suburb lying right next to each other). If this is the type of home or investment proposition you are looking for, we are ready to show you around, please give us a call at your earliest convenience!