3 Bedroom House For Sale in Primrose Hill, Germiston

Property description

This property boasts an impressive track record, currently yielding income from three separate sources, all secured with leases in place until 2025. This presents a remarkable opportunity that not only offers immediate financial rewards but also opens the door to a multitude of future investment possibilities. Let's delve deeper into how this property can deliver a triumvirate of income generation:

1. **Main Residence**: The primary dwelling on this property currently functions as a reliable source of rental income. Featuring three spacious bedrooms and two well-appointed bathrooms, it caters to tenants seeking both comfort and convenience. The well-lit living spaces, elegant dining area, and inviting entrance hall make it an attractive option for families and individuals in search of a welcoming and comfortable place to call home.

2. **Self-Contained Cottages**: But that's not all; this property goes above and beyond with not one, but two self-contained cottages, each with its own separate entrance, currently contributing to additional rental income. These cottages provide fully independent living spaces, making them an ideal choice for those who value privacy or smaller families in need of a cozy residence. This dual-cottage setup significantly bolsters your property's income potential.

3. **Land Area Potential**: Beyond the existing income sources, the expansive total land area of 833 square meters presents an array of possibilities for further income generation. You have the option to expand the current structures or explore innovative land uses. Whether you envision creating a lush garden oasis, adding more rental units, or even establishing a home-based business, this substantial land area offers ample room for diversifying your income in the future.

With leases secured until 2025, this property represents a sound investment opportunity that awaits a new investor with the prospect of generating income from multiple sources on a single plot. Moreover, the flexibility afforded by the spacious land area ensures that your investment potential extends beyond the existing structures. This property presents a unique opportunity to maximise your returns and explore a diverse range of income-generating avenues, all within a single, strategic location.