4-Bedroom Home with 2.5 Flatlets in Bezuidenhout Valley - Investor Opportunity
A 4-bedroom home with 2.5 income-generating flatlets at 44 8th Avenue, Bezuidenhout Valley, priced to move at R1,099,000 and well positioned for buyers looking to add a multi-stream rental property to their portfolio.
The main house offers four bedrooms, one and a half bathrooms, a generous lounge and a spacious kitchen with bar counter space, with original wooden flooring throughout the living areas adding character. A basement on the property offers further versatility for storage, workshop space or potential conversion.
Where this property earns its keep is at the back. Two and a half separate flatlets provide multiple streams of rental income, with comparable Bezuidenhout Valley properties currently generating between R12,000 and R27,000 in combined monthly rental from similar flatlet configurations. With some refresh work the income potential here is substantial.
Bezuidenhout Valley borders Kensington and offers easy access to Eastgate Shopping Centre, the M2 highway corridor and the Johannesburg CBD. The area is well served by schools including Queens High, Athlone Boys High and Mandeville Primary.
Recently reduced from previous pricing, this property represents real value at the upper end of the Bez Valley 4-bedroom band. Whether you are growing a property portfolio or buying your first investment, the numbers work here.
Photos shown are representative of the property and surrounds.
Contact Tumisang Mathlolwa to arrange a viewing.
The main house offers four bedrooms, one and a half bathrooms, a generous lounge and a spacious kitchen with bar counter space, with original wooden flooring throughout the living areas adding character. A basement on the property offers further versatility for storage, workshop space or potential conversion.
Where this property earns its keep is at the back. Two and a half separate flatlets provide multiple streams of rental income, with comparable Bezuidenhout Valley properties currently generating between R12,000 and R27,000 in combined monthly rental from similar flatlet configurations. With some refresh work the income potential here is substantial.
Bezuidenhout Valley borders Kensington and offers easy access to Eastgate Shopping Centre, the M2 highway corridor and the Johannesburg CBD. The area is well served by schools including Queens High, Athlone Boys High and Mandeville Primary.
Recently reduced from previous pricing, this property represents real value at the upper end of the Bez Valley 4-bedroom band. Whether you are growing a property portfolio or buying your first investment, the numbers work here.
Photos shown are representative of the property and surrounds.
Contact Tumisang Mathlolwa to arrange a viewing.
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Bezuidenhout Valley, Johannesburg
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