Property for sale in Randfontein central with loads of opportunity for an extra income!!
This high income potential property is situated in an area that is highly sought out for rental. It is within a working distance to the Village Walk mall and the CBD. The property is currently being used as commune accommodation for 13 students, thus creating a lucrative income stream. There is Wi- Fi cabling on the property for free use by the tenants. The main house has 3 large bedrooms and 2 bathrooms, of which 1 is en-suite to the main bedroom. There is an open plan living/ dining area with a fireplace and air conditioning. This area has been converted into a 4th bedroom. The subdivision was constructed by means of hard wood board and can therefore be easily removed without any damage to the house structure. The Kitchen is spacious with build in cabinets. Both the front and back entrance porches to the house are secured with steel bars. What used to be a garage is now converted into 2 more student accommodation rooms. Almost complete shower and toilet are being built next to these rooms. A big flat let consisting of 1 bedroom, bathroom and open plan living area with a kitchenette and fireplace can also be found in this property. There is an incomplete car port which can park 3 cars. Inside the yard, 3 more cars can be parked. The property is walled on all sides with a lockable sliding gate. There are 3 cameras which are currently not being used.
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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