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R2,850,000 | 9 Bedroom House For Sale in Melville

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R2,850,000

17 9th Street corner 5th Ave, Melville, Johannesburg

Monthly Bond Repayment R27,976.83
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

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Monthly Rates
R1,535.11

BANKABLE ASSET – R2 850 000 – 743 sqm

Investment Opportunity

This unique residence offers exceptional value for the savvy investor, featuring 9 income generating units, each designed for privacy and comfort, making them ideal rental units with bathrooms, living spaces and kitchen areas. A Hobbyist studio/work from home studio. Storeroom. Covered patio. Communal laundry facility.

4x electrical geysers, 5 gas geysers. All units have been built and partitioned with Magnesium oxide dry walling (MGO) for easy set up or removal. Eco-friendly.

Parking for 9 vehicles. Set in an established garden with excellent security, electric fence, this property is ideal for an investor seeking strong rental potential. Two separate entrances into the property – one in 9th Street and one in 5th Avenue - corner stand.

Features

9
8
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
8
Kitchen
8
Reception Rooms
8
Furnished
No
Exterior
Security
Yes
Parkings
9
Flatlet
8
Pool
No
Sizes
Land Size
743m²
Patricia Chase
Patricia Chase
Property Practitioner Registered with PPRA
(FFC 1159044)
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