This property presents an excellent investment opportunity, ideal for student accommodation or as a guest house, located in a highly sought-after area with easy access to amenities and public transport. It’s perfectly suited for those working nearby but living further away, offering a convenient and comfortable living arrangement during the week.
The main house boasts five spacious rooms, three of which are equipped with built-in cupboards (BIC) and tiled floors. One room features an en-suite bathroom, while the remaining rooms share a separate bathroom with a shower.
The second house on the property offers four well-appointed rooms, three of which also come with BIC and tiled floors. A communal kitchen and lounge area promote shared living, and the shared bathroom ensures functionality and convenience for all residents.
Additionally, there are two outside rooms with access to an outdoor toilet, providing additional accommodation options. Each room on the property is fitted with a prepaid electricity meter, allowing tenants to control their utility costs.
This versatile property is an ideal option for generating rental income or operating as a guest house, offering both practicality and income potential.
Please note, rates, taxes, levies, and ERF sizes are estimates and may change.
Randfontein is a gold mining town in the West Rand, Gauteng, South Africa, 40 km (25 mi) west of Johannesburg. With the Witwatersrand gold rush in full swing, mining financier JB Robinson bought the farm Randfontein and, in 1889, floated the Randfontein Estates Gold Mining Company. The town was established in 1890 to serve the new mine and was administered by Krugersdorp until it became a municipality in 1929. Apart...
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
